COMPANY INTRODUCTION
KEYSTONE ELECTRICAL(ZHEJIANG)Co.,LTD. A Professional Power Tools Manufacturer
Which covering a land area of 100.000 m2, it is situated in jinhua city, the center of Zhejiang province. As a giant company specialized in the R&D,manufacturing, sales and after-sales service of power tools. Being faster, better and cheaper is the aim of the company.Thanks to its strong partnership with many world-class power tools brands, such as BOSCH, Stanley Black & Decker, RYOBI, Einhell, Etc.KEYSTONE has built an excellent management team and will strive to become the first class power tool company in China.
Development History
Factory Base
China
Vietnam
New DC Factory - CHINA
The total investment of the DC factory is $30 million, which is mainly used for land purchase, factory construction, production equipment purchase and installation, personnel recruitment, etc.
New factory facility will achieve intelligence and automation.
We are aim to 1 million sets/year DC power tools.
In 2024, plans to complete construction.
In 2025, plan to start production, each 50% production capacity.
In 2026, aim to reach 100% production capacity.
Overseas Factory - Thai Binh, Vietnam
The new factory cover area 70,000㎡
The total investment will be $20 million, use for land purchase, construction, equipment purchase and installation, personnel recruitment, etc.
Plan to start production in 2025
Phase Ⅰ: Portable power tools factory.
construction area (30,400㎡)
Workshops:
· Motor · Injection · Assembly
Plan to build 6 production lines capable of producing both AC&DC tools.
Can be adjust according to HFT demand.
Phase Ⅱ:
Construction area (39,600㎡)
· Die-casting · Machining · Gear
· Metal Stapming · Powder Coating
Which not only supply for Keystone, but also for other factories in Vietnam
After all projects are completed, the new factory will reach an annual production capacity of 800,000pcs handheld power tools and 4 millions of aluminum and metal parts.
Enterprise overseas investment certificate
Registration of foreign exchange transactions
Offshore account opening
IRC&ERC granted
Start construction in Aug 2024
Corporate Advantage
New Factory
Invest $20+30M for new factory in Vietnam and China
6 New DC production lines with automatic facility.
R&D
15 more engineers in 2024.
$1M invest for R&D software in 2024
Quality
Already invest $500,000 inspection equipment.
7 new quality engineers will be added. Skilled SOE team.
Supply Chain
Separate professional suppliers from MPP & OPP ones
We will keep developing more pro suppliers.
Supply Chain
Separate professional suppliers from MPP & OPP ones
We will keep developing more pro suppliers.
Market Share
Asia & Australia
7%
Europe
25%
Latin America
15%
Nouth America
45%
Russia
3%
Africa
5%
STRATEGY PARTNERS
CERTIFICATE
