Manufacturing Update
Hello Everyone,
After weeks of going through production quotes from both US and overseas manufacturers, we have made a decision and are in the process of drafting the manufacturing contract with a company in Shanghai.
This was a difficult decision for us to make, as we were hoping to be able to keep our production in the US. Unfortunately, the associated costs were roughly 10x's over our overseas options– which forced us to either:
A. Manufacture overseas. Satisfy Kickstarter backers and bring product to market within 3 months at a reasonable MSRP.
or
B. Choose US manufacturer. Attempt to raise over $200K over x number of months. Retail Versa Ruler for over $72.
We chose option A and are happy to report that we should have our first samples by the beginning of May. We will also be sending out our surveys within the next two weeks or so.
We hope to have more project updates as the process moves along.
Thank you all for your incredible support!
- Frank and Carlos
294
Backers
$28,879
pledged of $24,000 goal
0
seconds to go
Funding period
Jan 6, 2012 -
Feb 5, 2012
(30 days)
- First created · 5 backed
- Has not connected Facebook
- Website: koalatools.com
Pledge $5 or more
6 backers
Receive a personalized Thank You card from the company founders along with set of Koala Tools stickers.
Estimated delivery: Feb 2012Pledge $25 or more
4 backers
Receive [the above] plus pack of 4 Koala Tools pencils.
Estimated delivery: Feb 2012Pledge $30 or more
2 backers
Receive a Thank You card and Koala Tools Black Logo T-shirt , pencils, and stickers. **Offer not included or combined with any other reward**
Estimated delivery: May 2012Pledge $40 or more
75 backers Limited (20 of 95 left)
EXCLUSIVE LIMITED OFFER: Receive a Versa Ruler (set of four) **Not included or combined with any other reward**
Estimated delivery: May 2012Pledge $50 or more
66 backers
Receive [the above] plus a brand new Versa Ruler (set of four) prior to public release. Note: shipping to Canada add $20, international add $30 to pledge amount.
Estimated delivery: May 2012Pledge $75 or more
41 backers Limited (19 of 60 left)
EXCLUSIVE LIMITED OFFER: Receive a 2 Versa Ruler sets **Not included or combined with any other reward**
Estimated delivery: May 2012Pledge $85 or more
27 backers Limited (23 of 50 left)
INTERNATIONAL BACKERS LIMITED OFFER: Receive 2 Versa Rulers with FREE SHIPPING (**Not included or combined with any other reward**)
Estimated delivery: May 2012Pledge $85 or more
20 backers Limited (5 of 25 left)
EXCLUSIVE LIMITED OFFER: Receive a 2 Versa Ruler sets and a Koala Tools Backpack. Note: shipping to Canada add $20, international add $30 to pledge amount. **Not included or combined with any other reward**
Estimated delivery: May 2012Pledge $95 or more
10 backers Limited (15 of 25 left)
INTERNATIONAL BACKERS LIMITED OFFER: Receive 2 Versa Rulers and a Koala Tools backpack with FREE SHIPPING (**Not included or combined with any other reward**)
Estimated delivery: May 2012Pledge $100 or more
3 backers
Receive [the above] plus a Koala Tools Black Logo T-shirt. Note: shipping to Canada add $20, international add $30 to pledge amount.
Estimated delivery: May 2012Pledge $100 or more
2 backers
NEW: Receive [the above] plus an additional Versa Ruler set (2 in total). Note: shipping to Canada add $20, international add $30 to pledge amount.
Estimated delivery: May 2012Pledge $120 or more
8 backers Limited (12 of 20 left)
NEW: Recieve a Thank You card, Koala Tools black-logo T-shirt, and 3 Versa Ruler sets. Note shipping to Canada add $20, international add $30 to pledge amount. **Offer not included or combined with any other reward**
Estimated delivery: May 2012Pledge $130 or more
2 backers
INTERNATIONAL BACKERS LIMITED OFFER: Recieve a Thank You card, Koala Tools black-logo T-shirt, and 3 Versa Ruler sets with Free Shipping. **Offer not included or combined with any other reward**
Estimated delivery: May 2012Pledge $200 or more
6 backers
Receive [the above] plus a Koala Tools backpack. Note: shipping to Canada add $20, international add $30 to pledge amount.
Estimated delivery: May 2012Pledge $350 or more
3 backers
Receive [the above] plus a listing on our website as a supporting individual philanthropist or company.
Estimated delivery: May 2012
Comments
Creator Chad B on April 20, 2012
Biggest DISAPPOINTMENT that this is getting made in CHINA.
Creator David Elliott on March 17, 2012
So, if you're getting samples at the beginning of May, and you're doing this in China, you probably won't be shipping until July or August. You really shouldn't send out the surveys until you are a couple of weeks away from shipping. Otherwise, you're going to have to deal with address changes for the next 4 months.