The company that has consistently played major roles in revolutionizing the hardware sector in the country is turning 100. Co Ban Kiat Hardware Inc. (CBK Hardware) is kicking off its yearlong centennial celebration by renewing its commitment to provide more years of world-class hardware solutions.
Just like most successful companies in the Philippines, CBK Hardware started as a small business. It was established at the heart of Binondo, Manila’s own Chinatown, in 1920 after a series of business acquisitions initiated then by the Cobankiat family patriarch.
But CBK Hardware’s wholesale buy and sell hardware operations, like all other enterprises in the area, were hard hit when World War II took place. After the war, the company slowly resumed business by putting up a makeshift shanty, helping people rebuild their homes and establishments by supplying them with hardware materials.
In 1952, CBK Hardware was incorporated, paving the way for numerous market expansion efforts. The fourth generation of the Cobankiat family—under the helm of Johnny Cobankiat—introduced to the country the concept of retail for hardware products.
Revolutionizing the market
That led to the inauguration of Hardware Workshop as the first local hardware chain of stores. Its Coby’s Design Center covered the demand for high-end architectural hardware products. CBK Hardware also served as among the suppliers when it accredited and introduced Ace Hardware USA to Filipino consumers. Since then, the company has begun the journey of supplying the country with world-class, life-improving technological and hardware solutions.
Throughout its hundred years, CBK Hardware has achieved milestone after milestone in terms of attaining excellence through its wide-ranging portfolio of products. The company has consistently expanded its products with a common personality—the highest quality only—and guided by its vision to be the largest supplier network of the biggest brands in the global hardware industry.
The vision has been made possible by its partnership with 68 trusted global brands of building materials as well as electrical, houseware, power equipment, outdoor, plumbing, and hand and power tools—completely encompassing any product type for building & construction and home comfort.
Growing business
Its current roster of partner global brands include Stanley, Baldwin, Chubbsafes, Dormakaba, Facom, Fairbanks Scales, Lincoln Electric, Nilfisk Professional Cleaning Equipment, Westinghouse, and Yale Locks. These are smoothly distributed to customers who want to get more bang for their buck when it comes to home and facility improvement, safety and security, DIY projects, energy conservation, cleaning solutions, and others.
To date, CBK Hardware supplies to more than 2,000 partner wholesale and retail stores nationwide—including DIY stores, traditional hardware stores, depots, and much more for its 68 partner brands and over 6,000 SKUs. Its strong lineup of product portfolio helps it realize market leadership in each market segment.
Solidifying its distribution network is the integration of its well-known business sectors. It also boasts of an expansive list of automotive, hospitality, service, and other industry clientele as well as distinguished real estate developers and construction companies nationwide. The company is also the first hardware distributor to aggressively offer products online through several e-commerce platforms and social media accounts.
Giving back
Moreover, CBK Hardware is also upholding with multiple advocacies and philanthropic endeavors. It is committed to contributing to the growth of society and the environment. The company’s CSR programs and hardware donations have already benefited countless recipients across the country. It currently has partnerships with several government agencies and non-government organizations to support abandoned children and elderlies.
In its 100th year, CBK Hardware commits to further deepen its dedication to creating valuable contributions to society and the environment. This is possible through its 100 Years Donation Drive, a 10-month CSR project that will aid 100 organizations.
