New Cooperative Alliance for Hand Tools Established in Taiwan
The new Cooperative Alliance for Hand Tools was officially organized in Taiwan on Dec. 19th. This Alliance will further expand its sales networks in the global market via the online e-commerce platform of Brighton-Best. It is expected to reach the sales value of NT$0.15 billion in the initial stage, which cannot only increase the awareness of Taiwanese hand tool brands, but also build up a new win-win situation from the upstream to the downstream.
The organization was announced at the int’l convention center of Garden Villa in Kaohsiung.
The Alliance consists of 8 hand tool manufacturers: Lion Hand Tools, Allprofessional Mfg., Jaco International, Proxene Tools, Re-Dai Precision Tools, Yih Cheng Factory, King Tony Tools, and Lucky-Brand Industrial. They altogether signed an agreement for cooperation in the future. CEO Miss Wang of Brighton-Best says that Taiwanese hand tool manufacturers have their own unique niches and capabilities. Through the sales networks of Brighton-Best, their products can be sold to U.S. market, and even sold to other 6 countries around the world. President Sung of Taiwanese CSC says that the previously established alliances used to focus on the R&D of technologies instead of broadening the sales networks. Brighton-Best has successfully established its reputation for having excellent sales networks for fasteners.
