ToolHound Ranked Among ‘Hot Products for 2014’ in Construction Executive Magazine

St. ALBERT, Alberta. — January 16, 2014

ToolHound Inc., a global supplier of tool management systems, announced that the ToolHound 5 tool and equipment tracking system is featured as a 2014 Hot Product  in Construction Executive Magazine.

The ability to locate the right tool in the right place at all times is critical for any organization maintaining an equipment inventory. When workers can’t find the tool they need to do their jobs, it’s not just an annoyance—it means lost productivity, lost profit, and even lost customers due to missed deadlines

The ToolHound 5 tool and equipment management system is a scalable solution using barcode or RFID tool tracking to monitor equipment inventory and usage to maximize productivity and reduce tool budgets. For nearly 30 years, ToolHound systems have been deployed by industry-leading companies in construction, power generation, maintenance, chemical processing, mining and mechanical contracting.

However, the ToolHound system does much more than just tracking tools across locations for greater efficiency. The complete ToolHound 5 system also simplifies inventory management, external rental management, maintenance scheduling, work order costs, new tool purchasing and identification of obsolete or excessive inventory to be resold.

“ToolHound 5 significantly improves overall profitability by eliminating tool hoarding, increasing staff accountability and productivity, and reducing IT support for inventory management,” said Dean Perry, president of ToolHound.

ToolHound Inc. specializes in personalized technical support with on-site training and installation expertise. FastTrack commissioning enables new users to quickly master the system and begin saving valuable time, improving productivity and minimizing equipment costs. For more information, call (800) 387-8665, or visit

View 2014 Hot Product listing in Construction Executive Magazine.

About ToolHound
Since 1985, ToolHound systems have been deployed by companies of all sizes across a variety of industries, including construction, power generation, chemical processing, mining and jobsite tool and equipment services. Specializing in personalized technical support with on-site training and installation expertise, ToolHound offers a  comprehensive portfolio of tool and equipment management solutions including Cloud hosting and customer controlled hosting with ToolHound OnSite and SecureCrib featuring wireless, RFID and barcode technology.

For more information about ToolHound Tool and Equipment Tracking, call (800) 387-8665, or visit the company's website at

Media Contact
Kelly Stark
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