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Stock impact report

ToughBuilt Launches Products within UK’s Largest Home Improvement Chain

Toughbuilt Industries, Inc Units (TBLTU) 
Company Research Source: GlobeNewswire
LAKE FOREST, Calif., May 22, 2019 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW; TBLTU), a leading designer, manufacturer and distributor of innovative tools and accessories for the building industry, today announced the introduction of 24 SKUs across 412 Screwfix stores. Screwfix is the United Kingdom's largest multi-channel retailer of trade tools, accessories and hardware products and is a division of Kingfisher plc, the largest home improvement company in Europe with over 1,300 stores in 10 countries in Europe, Russia and Turkey.  Michael Panosian, Chief Executive Officer of ToughBuilt, commented, “The launch of our first products within Screwfix marks an important milestone in our European expansion strategy. We believe this launch also illustrates both the scalability of our business model, as well as the traction we are gaining internationally due to the superior quality and growing recognition of our products.”  About ToughBuilt Indus Show less Read more
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