Business Strategy
TX Holdings, is in the business of supplying, distributing and selling drill bits, related tools and other mining supplies and rail material to our domestic coal mining industry. Our success in this lucrative market has shown great potential for increasing our market share and generating substantial profitability.
Our goal is to maximize our market share in the mining supply industry by ensuring customer satisfaction through reliable sourcing of quality products at competitive pricing. Our competitive pricing initiative is driven by our lean cost structure and our continued efforts of identifying and partnering with reliable low-cost suppliers.
TX Holdings, Inc. has partnered with several vendors with arrangements, with which TX Holdings, Inc. expects to gain a larger market presence in the mining supplies as well as the automobile accessory business. Our continued efforts are directed to expanding our customer base and reducing our product cost resulting in higher returns and increased shareholder value.