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SALI Tools and Ethiopian Partner UKAZ Establish Joint Public Welfare Fund, Deepening Global Community Commitment
Globenewswire· 2026-01-09 00:00
Core Insights - SALI Tools has launched the "SALI & UKAZ Joint Public Welfare Fund" to support community welfare projects in Ethiopia, marking a significant step in its corporate social responsibility efforts [1][2] - The fund will be financed by a portion of SALI Tools' annual revenue, emphasizing a long-term commitment to community development rather than a one-time donation [2] - This initiative aligns with SALI Tools' historical focus on philanthropy and community support, reinforcing its values and commitment to social responsibility [2][5] Company Overview - SALI Tools is a leading global brand in professional tool solutions, known for its high-quality and diverse product offerings [7] - The company has established a strong brand presence across multiple global markets while maintaining a commitment to corporate social responsibility [7] - SALI Tools believes that the long-term value of a business lies in creating shared value for employees, customers, and society [7] Partnership Details - UKAZ is a key business partner for SALI Tools in Ethiopia and the East African region, focusing on local sustainable development [6] - The joint fund will enable UKAZ to implement community welfare projects more effectively, addressing localized needs [6] - SALI Tools and UKAZ have a history of collaboration, including a supplies donation drive organized in November 2019 [3][4]
Stanley Black & Decker (SWK) Target Lifted as Baird Revises Model Post-Divestiture
Yahoo Finance· 2026-01-02 23:16
Stanley Black & Decker, Inc. (NYSE:SWK) is included among the 12 Best Income Stocks to Buy Now. Stanley Black & Decker (SWK) Target Lifted as Baird Revises Model Post-Divestiture On December 23, Baird analyst Timothy Wojs raised the firm’s price target on Stanley Black & Decker, Inc. (NYSE:SWK) to $85 from $75 and kept a Neutral rating on the shares. The update followed the company’s announcement to sell its Consolidated Aerospace Manufacturing division, which prompted Baird to revise its model. On Dec ...
SALI Unveils Upgraded Cross-Border Supply Chain System for the Middle East Market
Globenewswire· 2025-11-20 06:04
Core Insights - SALI has launched an upgraded cross-border supply chain system specifically for the Middle East to enhance delivery speed, customs efficiency, and product availability for regional distributors and industrial users [1][2]. Group 1: Supply Chain Enhancements - The new supply chain system includes an 8,000 m² warehouse with a capacity of 12,000 m³, allowing for same-day processing and dispatch [2]. - SALI has established special customs clearance channels for battery-equipped products, achieving a 99.6% compliance rate, which significantly reduces delivery times in Saudi Arabia, the UAE, Qatar, and neighboring markets [2]. Group 2: Regional Support Initiatives - SALI plans to set up an Africa Marketing Service Center to provide technical training, customer service, product demonstrations, and localized marketing assistance [3]. - The center will be supported by a multilingual professional team, with 70% of the team members having over eight years of experience [3]. Group 3: Long-term Investment Strategy - The company will continue to invest in logistics innovation and localized services to strengthen long-term cooperation with partners in Saudi Arabia, Kuwait, the UAE, Qatar, and other Middle Eastern countries [5]. - This strategy aims to accelerate regional industrial development by providing dependable tools and efficient supply chain support [5].