World's Largest Fastener Distributor Brighton-Best International (BBI) to be Traded over the Counter at Taipei Exchange in September!

On Aug. 11th, BBI held an online preliminary business performance report conference before its next move to be traded over the counter next month. BBI is a subsidiary of Ta Chen Stainless Steel Group, headquartered in Southern Taiwan. BBI is expected to be traded over the counter at Taipei Exchange on Sep. 7. Back in 2008, Ta Chen acquired Brighton Best company headquartered in the U.S., making it the world's largest fastener distributor. Its product lines of over 50 thousand types include stainless steel, low carbon steel, mid/high carbon steel, and even alloy steel fasteners. You name it, BBI has it. BBI has subsidiaries in the U.S., Canada, UK, Brazil, Australia, and New Zealand, with 31 sales offices, 28 warehouses, and distribution network connecting retailers and wholesalers into a complete global supply chain, overthrowing the convention that the American fastener distributors offer only the same type of fasteners. The most well-known service offerd by BBI is its exclusive "24hr Online Order Placement & Reception System" with not just customized service but also the accessibility to checking online inventory status at any time. The system helps process distribution in digital ways. Orders for standard fasteners of 200 thousand tons (or USD 400 million sales) have been successfully processed through this system. BBI president Robert Hsieh even became the inductee of the Hall of Fame of NIFMSE'15. The core business strategy of Ta Chen Stainless Steel Group is to be headquartered and take control in Taiwan, purchase globally, and sell globally. President Hsieh hopes to shape BBI into a "specialized department store" for industrial products. Recently his ambition goes further and he is actively tapping into the hand tool industry by creating his "Proferred® BBI Tools" brand, bringing hand tools into his fastener distribution network. What he is eyeing on is the U.S. industrial market reaching the scale of USD 2.5 trillion, which many worldly famous U.S. hand tool companies (e.g. Stanley, Snap-on, and Grainger) have been dedicated to for years. His move into the hand tool industry is not only a breakthrough in the global fastener distribution, but also the reflection of "Bravey, Breakthrough, and Revolution" in Ta Chen Stainless Steel. Ta Chen Stainless Steel Group has more than 4,000 employees in the world. In 2015, it reached NTD 50.679 billion in revenue and NTD 5.387 billion in operating gross profit. According to its latest financial result for Q1 2016, it reached NTD 12.467 billion in revenue and NTD 1.301 billion in operating gross profit.