CERRITOS, CA — Toolots, a company that provides factory-direct industrial machinery, tools and technology to international manufacturers, has unveiled its headquarters in Cerritos, CA, filling a recently renovated and expanded 114,000-square-foot facility. The new space features a vast warehouse for Toolots’ inventory of high-quality and affordable industrial equipment and a showroom to showcase state-of-the-art equipment available for purchase.
“This facility is the foundation of our distribution model,” said Raymond Cheng, Toolots chief operating officer. “Having our headquarters and primary warehouse so close to the busiest ports in the United States is a great benefit, not only to us but also to our customers around the world.”
“In addition to our Cerritos, California headquarters, we have warehouses strategically located in the United States and Asia — and more planned for the near future. That means manufacturers can get the equipment they need when they need it, which reduces production downtown and increases productivity,” Cheng added.
The headquarters will be formally unveiled during Toolots’ inaugural Manufacturing Exchange Summit, taking place between Aug. 29 and 31. The event is designed to promote international trade amongst manufacturers and bolster the American manufacturing export market.
Attendees will have the opportunity to meet and network with industry leaders who oversee, regulate and guide international trade, as well as U.S.-based manufacturers and a host of agencies and organizations that promote global trade and export. The summit will explore key topics surrounding international commerce and the manufacturing industry through a variety of panel discussions. Some of those dialogues will involve the following topics:
- Protecting intellectual property
- Managing import/export finance
- The realities of doing business in China and abroad
- Navigating customs, SOLAS and international law