U.S. markets closed
  • S&P 500

    3,693.23
    -64.76 (-1.72%)
     
  • Dow 30

    29,590.41
    -486.29 (-1.62%)
     
  • Nasdaq

    10,867.93
    -198.87 (-1.80%)
     
  • Russell 2000

    1,679.59
    -42.72 (-2.48%)
     
  • Crude Oil

    79.43
    +0.69 (+0.88%)
     
  • Gold

    1,651.70
    -3.90 (-0.24%)
     
  • Silver

    18.83
    -0.08 (-0.40%)
     
  • EUR/USD

    0.9671
    -0.0166 (-1.69%)
     
  • 10-Yr Bond

    3.6970
    -0.0110 (-0.30%)
     
  • GBP/USD

    1.0798
    -0.0457 (-4.06%)
     
  • USD/JPY

    143.7150
    +1.3800 (+0.97%)
     
  • BTC-USD

    18,936.38
    -202.29 (-1.06%)
     
  • CMC Crypto 200

    434.61
    -9.92 (-2.23%)
     
  • FTSE 100

    7,018.60
    -140.92 (-1.97%)
     
  • Nikkei 225

    27,153.83
    -159.27 (-0.58%)
     

ToughBuilt Industries Expands Market Coverage Via Ace Distribution Deal

·1 min read
  • Toughbuilt Industries Inc (NASDAQ: TBLT) has agreed with Ace Hardware USA and International (Ace) to sell 35 ToughBuilt products.

  • Under the agreement, Ace will distribute ToughBuilt's products utilizing its 15 regional service centers to reach 5,500 individual stores across the U.S.

  • Also ReadToughBuilt Industries Shares Are Getting Obliterated Today: What's Happening?

  • Among the products that Ace will be selling are Tool Belts and Suspenders, Tool Belt Sets, Clip Tech Pouches, Clip Tech Accessories, Bags, Knee Pads, Sawhorses, and Cutting Tools.

  • "We are thrilled with the opportunity to expand our market coverage, while simultaneously driving revenue growth to a community-centric business like Ace," said CEO Michael Panosian.

  • Price Action: TBLT shares are trading higher by 29.69% at $5.94 on the last check Thursday.

See more from Benzinga

Don't miss real-time alerts on your stocks - join Benzinga Pro for free! Try the tool that will help you invest smarter, faster, and better.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.