ToughBuilt launched 200+ new SKUs in 2022

ToughBuilt Industries closes a year of product launches, having announced more than 200 new SKUs crossing the jobsite support, cutting tools, measuring and marking, striking tool, levels and laser measurement, handsaw, and long-handle and garden tool categories. ToughBuilt’s expanding product offerings have responded to the rapidly growing global professional hand tools market, which is projected to reach US $23 billion by the end of 20271, according to industry analysis. The addition of these new tools brings the Company from 10 to 16 product lines, from 300 SKUs to over 500 SKUs, all available for purchase through leading US home improvement retailers and across ToughBuilt’s growing strategic networks. Michael Panosian, ToughBuilt Co-Founder and CEO, stated, "The substantial development of our new product lines presents an excellent opportunity for ToughBuilt to expand revenue streams and increase brand awareness while setting the new standard for pro-quality tools." Mr. Panosian continued, "As we turn toward 2023 and beyond, we look to increase our international distribution and further leverage the Company’s reach within the 23-billion-dollar1 global tools market. We will continue launching fresh product lines and expand the company’s offering into new categories."