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ToughBuilt Industries (NASDAQ: TBLT) announced an initial order from Toolstation for its steel sawhorse line, marking a significant step in expanding their market presence in Europe, specifically in the Benelux region. The products will be available in stores, catalogs, and online, facilitating wide distribution. CEO Michael Panosian expressed optimism for growth alongside Toolstation. Established in 2006, Toolstation is a respected supplier with over 60 stores in the region. This partnership enhances ToughBuilt's visibility in the competitive tool market.
ToughBuilt Industries (NASDAQ: TBLT; TBLTW) announced that 81 of its products have been accepted for sale on tractorsupply.com, enhancing its market reach. Additionally, ToughBuilt will promote four SKUs in Tractor Supply's physical stores. CEO Michael Panosian highlighted the significance of this partnership, noting it opens opportunities in rural markets through Tractor Supply's network of 1,800 stores. This collaboration is expected to boost brand recognition and expand ToughBuilt's customer base in the home improvement and construction sectors.
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