Recently, science technology Department of Zhejiang Province announced the list of international scientific and technological cooperation carriers in 2021. Among them, there are 6 overseas R&D institutions of provincial-level enterprises, and the GreatStar American R&D Center is on the list.
GreatStar American R&D Center focuses on the research and development of intelligent power tools, such as lubricating oil-free automatic staple gun, labor-saving one-handed staple guns, etc. Products are mainly sold to top 500 companies such as Home Depot, Wal-Mart, and Lowe's. According to information from the U.S. Census Bureau, the National Home Improvement Institute, the National Association of Realtors, and Wall Street Research Reports, with products having nearly 60% of the market share in large chain supermarket in the United States, and nearly 38% of the market share in the industrial field, the center takes a leading position in the subdivided field. Through R&D collaboration, the center strengthens the collaborative innovation of enterprises at home and abroad, and promotes the development of the whole industry chain of power tools and core technologies.
GreatStar will take this opportunity to strengthen the mechanism of innovation and R&D collaboration, supply chain collaboration and talent collaboration, and strive to be more competitive in the global market. In the future, GreatStar will accelerate its internationalization strategy, promote the construction of overseas R&D institutions and manufacturing bases, and further improve its global product R&D, production capacity arrangement and supply chain system.
