Hangzhou GreatStar Industrial

LOWE'S ANNOUNCES 2023 VENDOR PARTNERS OF THE YEAR

Retrieved on: 
Wednesday, November 15, 2023

MOORESVILLE, N.C., Nov. 15, 2023 /PRNewswire/ -- Lowe's Companies, Inc. announced today it has named Hixson Lumber, GE Appliances and PrimeSource as the company's 2023 Vendor Partners of the Year. The suppliers were recognized for their commitment to delivering quality products, innovation, value and service to Lowe's customers.

Key Points: 
  • "This year, we honored our vendor partners who have gone above and beyond for our customers and for Lowe's," said Bill Boltz, Lowe's executive vice president of merchandising.
  • "These vendor partners have put our customers' needs first, consistently bringing innovation and value to market, delivering on their commitments and contributing to our success.
  • Our priority is to help our partners grow their business with Lowe's and we deeply appreciate the partnership cultivated with each vendor over the years."
  • Lowe's named overall vendor and innovation partners of the year and divisional category winners for each of its three merchandising divisions: building products, hardlines and home décor.

Citi Appointed as Depositary Bank for the GDR Programs of Sunwoda Electronic Co., Ltd. and Hangzhou GreatStar Industrial Co., Ltd.

Retrieved on: 
Thursday, November 17, 2022

Citis Issuer Services, acting through Citibank, N.A., has been appointed by Sunwoda Electronic Co., Ltd. (Sunwoda) and Hangzhou GreatStar Industrial Co., Ltd. (GreatStar) to act as the Depositary Bank for their Global Depositary Receipt (GDR) programs.

Key Points: 
  • Citis Issuer Services, acting through Citibank, N.A., has been appointed by Sunwoda Electronic Co., Ltd. (Sunwoda) and Hangzhou GreatStar Industrial Co., Ltd. (GreatStar) to act as the Depositary Bank for their Global Depositary Receipt (GDR) programs.
  • Sunwodas GDR program was established in connection with a US$440 million initial public offering of its GDRs, priced at US$15.30 per GDR.
  • Hangzhou GreatStar Industrial Co., Ltd. (GreatStar) is an industrial conglomerate based in Hangzhou that develops, manufactures and sells hand tools, laser products, smart tools and robots.
  • GreatStars GDR program was established in connection with a US$155 million initial public offering of its GDRs, priced at US$13.08 per GDR.

GreatStar Tools USA Promotes Roberto Izaguirre to Chief Operating Officer

Retrieved on: 
Tuesday, January 18, 2022

GreatStar Tools USA, a leading manufacturer of hand tools serving DIY, professional and industrial markets worldwide, announced today it has promoted Roberto Izaguirre to chief operating officer of Arrow Fastener Company, LLC.

Key Points: 
  • GreatStar Tools USA, a leading manufacturer of hand tools serving DIY, professional and industrial markets worldwide, announced today it has promoted Roberto Izaguirre to chief operating officer of Arrow Fastener Company, LLC.
  • View the full release here: https://www.businesswire.com/news/home/20220118005349/en/
    Roberto Izaguirre, chief operating officer of Arrow Fastener Company, LLC.
  • Izaguirre will report to Gary DuBoff, chief executive officer, GreatStar Tools USA.
  • Established in 1993, GreatStar is the leading manufacturer of hand tools in Asia, serving DIY, professional and industrial markets worldwide.

The Perfect "Give" Or "Get" Holiday Gift For DIYers

Retrieved on: 
Wednesday, November 17, 2021

These awards annually recognize all forms of innovation in the tool industry, and the new 6-in-1 Manual Staple Gun sets itself apart from the competition with its unique "No Switch" feature.

Key Points: 
  • These awards annually recognize all forms of innovation in the tool industry, and the new 6-in-1 Manual Staple Gun sets itself apart from the competition with its unique "No Switch" feature.
  • Since 2009, WORKPRO Tools has been committed to leading the way with innovative tools for the home do-it-yourselfer.
  • Developed by Hangzhou GreatStar Industrial Co., Ltd., the largest hand tool manufacturer in Asia, WORKPRO Tools deliver a diverse variety of hand tools, power tools and storage solutions.
  • Sold in over 100 countries around the world, WORKPRO Tools strives to provide tools to those who pride themselves in completing a project themselves.

GreatStar Tools USA Acquires High-Performance Professional Hand Tools Brand, SK Professional Tools

Retrieved on: 
Thursday, October 28, 2021

GreatStar Tools USA, a leading manufacturer of hand tools serving DIY, professional and industrial markets worldwide, announced today its acquisition of SK Professional Tools , a leading provider of high-quality hand tools for professionals across a variety of industries, most notably the automotive industry.

Key Points: 
  • GreatStar Tools USA, a leading manufacturer of hand tools serving DIY, professional and industrial markets worldwide, announced today its acquisition of SK Professional Tools , a leading provider of high-quality hand tools for professionals across a variety of industries, most notably the automotive industry.
  • As part of the acquisition, which officially took place on June 30, 2021, GreatStar plans to invest in SK Professional Tools product innovation and expand distribution, offering customers more opportunities to purchase these tools.
  • Today, as part of GreatStar Tools USA, SK Professional Tools manufactures over 3,000 products, continuing our commitment to providing American-made innovation to the toughest tradesmen in the world.
  • Established in 1993, GreatStar is the leading manufacturer of hand tools in Asia, serving DIY, professional and industrial markets worldwide.

WORKPRO® Tools Renews Commitment And Increases Pledge To National Breast Cancer Foundation, Inc.®

Retrieved on: 
Sunday, October 24, 2021

WORKPRO is featuring an assortment of essential hand tools, power tools and accessories that are appropriately colored in pink.

Key Points: 
  • WORKPRO is featuring an assortment of essential hand tools, power tools and accessories that are appropriately colored in pink.
  • As part of the new commitment, WORKPRO Tools is stepping up its co-marketing efforts with NBCF.
  • Recognized as one of the leading breast cancer organizations in the world, National Breast Cancer Foundation (NBCF) is Helping Women Now by providing early detection, education and support services to those affected by breast cancer.
  • Developed by Hangzhou GreatStar Industrial Co., Ltd., the largest hand tool manufacturer in Asia, WORKPRO Tools delivers a diverse variety of hand tools, power tools and storage solutions.

WORKPRO® Tools Presents Performance Cordless Power Tool Lineup

Retrieved on: 
Monday, August 16, 2021

HUNTERSVILLE, N.C., Aug. 16, 2021 /PRNewswire/ --WORKPRO is launching a new lineup of 20V Cordless Power Tools that are designed to provide customers with efficient use and professional results.

Key Points: 
  • HUNTERSVILLE, N.C., Aug. 16, 2021 /PRNewswire/ --WORKPRO is launching a new lineup of 20V Cordless Power Tools that are designed to provide customers with efficient use and professional results.
  • Our new product line of 20-Volt Cordless Power Tools offers an assortment of tools that are manufactured with our highest standards of innovation, ergonomic design, and durability; they are designed to be the best tools of their kind on the market."
  • Like all WORKPRO tools, the new 20V Cordless Power Tool line offers customers great performance at a good value; this is confirmed in the over 2,000 5-star product reviews the tools (collectively) have already earned!
  • The new cordless lineup includes 8 traditional power and lawn maintenance tools:

GreatStar Tools USA Establishes New Executive Leadership Team

Retrieved on: 
Monday, February 1, 2021

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    After more than a decade leading the Arrow Fastener Company as its President and CEO, Gary DuBoff will step into the new role of Group President, CEO for GreatStar Tools USA.
  • As the GreatStar organization continues to grow, especially following its acquisition of the iconic Shop-Vac Corporation, it became apparent that a dedicated executive leadership team was needed to guide each of the GreatStar Tools USA brands and position those business units for long-term success, said Lincoln Reichhelm, chairman, GreatStar Tools USA.
  • Im confident the new GreatStar Tools USA leadership team, with Gary DuBoff at the helm, will ensure this strong focus and achieve the established strategic initiatives to support our growth in the tools category.
  • As the group VP, CFO and Treasurer, James ORourke will provide the strategic leadership and oversight for the finance and IT functions in each of the GreatStar Tools USA business units.