ToughBuilt Industries Expands Market Coverage Via Ace Distribution Deal

ToughBuilt Industries Expands Market Coverage Via Ace Distribution Deal
  • Toughbuilt Industries Inc TBLT has agreed with Ace Hardware USA and International (Ace) to sell 35 ToughBuilt products.
  • Under the agreement, Ace will distribute ToughBuilt's products utilizing its 15 regional service centers to reach 5,500 individual stores across the U.S. 
  • Also ReadToughBuilt Industries Shares Are Getting Obliterated Today: What's Happening?
  • Among the products that Ace will be selling are Tool Belts and Suspenders, Tool Belt Sets, Clip Tech Pouches, Clip Tech Accessories, Bags, Knee Pads, Sawhorses, and Cutting Tools.
  • "We are thrilled with the opportunity to expand our market coverage, while simultaneously driving revenue growth to a community-centric business like Ace," said CEO Michael Panosian.
  • Price Action: TBLT shares are trading higher by 29.69% at $5.94 on the last check Thursday.

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