Toughbuilt Industries Inc. Launches the World’S First Magazine-Fed, Auto-Reloading Retractable Utility Knife
August 15, 2022 at 08:30 am EDT
Share
ToughBuilt Industries, Inc. announced the launch of their all-new Reload Utility Knife, a groundbreaking new cutting tool made available for purchase through a leading US home improvement retailer and across their global strategic network of ToughBuilt's partners and buying groups, servicing over 15,500 storefronts around the world. The Reload Utility Knife affirms ToughBuilt's continued commitment to engineering the impossible. The knife has debuted to rave reviews, and is trending in online conversation amongst pros, influencers, EDC enthusiasts, and DIY-ers alike.
It establishes the definition of cutting-edge in a competitive global Utility Knife market, whose size was valued at USD 1.178 Billion in 2021, with continued growth expected through 2027. Inspired by the timeless function of a standard semi-automatic firearm, each loaded blade-mag can be charged into the knife with a snap and carries a class-leading 15-blade total payload. Through this launch, ToughBuilt brings the world's first patented magazine-fed reloading blade mechanism into the home improvement market- putting an end to the 95-year-old convention of stopping to take apart internal screws or deconstruct the tool to replace a blade and sweeping aside the stagnant features offered by the former standard-bearers in this segment.
Toughbuilt Industries, Inc. is engaged in designing, manufacturing, and distributing tools and accessories to the building industry. The Company markets and distributes various home improvement and construction product lines for both Do-It-Yourself (DIY) and professional markets under the TOUGHBUILT brand name. Its business is based on development of products, primarily in tools and hardware category, with particular focus on building and construction industry. Its three categories contain a total of approximately 19 product lines, consists of soft goods, which includes kneepads, tool bags, pouches and tool belts; metal goods, which consists of sawhorses, tool stands and workbench; and utility products, which includes utility knives, aviation snips, shears, lasers and levels, tape measures and chalk reels, striking tools, garden and landscaping tools, and pliers and clamps. It also has various additional categories and product lines in various stages of development.
TOUGHBUILT INDUSTRIES, INC. 
