Topco Sales Officially Announces International Corporate Merger
May 18, 2008 | Adult Industry News, Adult News Buzz, Adult Toy News
Acquisition Makes High Tech Novelties in China and Topco Sales in the United States One Company
Chatsworth, CA – Topco Sales makes a complete acquisition with the High Tech Novelties (HTN) facility in China. The merger positions Topco Sales as a global novelty company with more capabilities than ever before.
HTN was formed by Topco Sales’ founder, Martin Tucker, in 2003. Since that time HTN has served as a counterpart to Topco Sales in the US. The recent acquisition has made Topco Sales and HTN one global company, with HTN officially changing its name to Topco Sales China and moving locations within the city. Martin Tucker will remain active with Topco Sales China and serve as a consultant.
Topco Sales China is located in Shenzhen, and is minutes from the Chinese-Hong Kong border. Shenzhen is one of the fastest growing cities in the world. It was one of the first Special Economic Zones and has become one of the economic powerhouses of China, as well as the largest manufacturing base in the world.
Topco Sales China consists of a full-time staff, a product showroom and 4,500 square feet of office space. It is located in one of the city’s modern high-rise buildings, which is a key central-location near the convention center and major hotels.
Being in the heart of the manufacturing base of the world also means that Topco Sales has direct access to numerous Chinese vendors. This makes the manufacturing process more streamlined, efficient, and cost effective. All Chinese vendors have been FDA registered, making them every bit as compliant as their US counterpart.
Last year Topco Sales implemented RoHS (Restriction of the Use of Certain Hazardous Substances) and WEEE (Waste from Electrical and Electronic Equipment) regulations that are effective in Europe and other countries. Topco Sales anticipates that the new location will make overseeing materials and ingredients even more efficient.
Topco Sales China is also poised to expand the companies’ private label capabilities. As the adult novelty industry grows, so does the marketplace. Knowing that brand extension opportunities and private label manufacturing have the potential for rapid growth in the coming years, Topco Sales stands ready to service the world.
Vanessa Pellegrini, Topco Sales’ International Sales Director, says “The new location gives us the resources to handle our growing international clientele in the area of private label manufacturing. It is no surprise that buying direct is cost effective. We offer the best prices, unique products, and packaging that reflects our customers’ brands.”
Scott Tucker further explains, “Private labeling gives companies the flexibility to design packaging and create products that reflect their brand and caters to their customers. We give our private label clients the ability to carry products that no one else does. They also have the flexibility to decide how their money will be spent. For example, an internet-based private label client may chose to spend less on the packaging and more on the product, whereas a brick and mortar retail private label client might want to concentrate more on the packaging. We offer customized services to all our private label clients so they can chose what is best for their business.”
Desiree Duffie, Director of Marketing and Public Relations comments, “All of these changes mean Topco Sales will offer our customers better service, better products, better materials, better pricing than ever before. As we celebrate 35 years in business we continue to be a leader and a visionary. This has been an exciting year for Topco Sales; with our Commitment to Green, our streamlining of business operations and our brand new facility in the orient: Topco Sales China, it all equals a brighter future for us, our customers, and the consumers.”
For more information please visit: www.topcosales.us
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