Malco Products, SBC got its start in 1950 when a young steel supply salesman, Mark W. Keymer, decided to manufacture and market a pipe crimper he had invented for use in installing the “new” sheet metal ductwork used with forced-air heating systems. More tools soon followed, including the first hand seamer to employ compound leverage, a time-saving hand notcher that made a V-shaped cut in one motion, and a hand-operated snap lock punch to complete the basic sheet metal toolset. Metal duct fabrication could now be done easily at the job site and the tools were well received by contractor-installers. Mark Keymer’s manufacturing operations had to move from a garage to the more spacious basement of his Minneapolis home. Mr. Keymer relates that the origin of the Malco name came from combining his first name and the first name of an early associate named Al: Malco for “Mark and Al’s Company” (it was Al’s garage). The fledgling tool company’s humble move upward, so to speak, from a garage to a basement, was the first of many moves and plant expansions. Corporate headquarters and manufacturing facilities are located in Annandale, MN. Over 70 years later, the legacy of innovative products that started Malco lives on. Hundreds of other specialty tools have since joined the early product line of crimpers, seamers, notchers, and punches, and Malco is still known for regularly introducing exciting new hand tool designs and modifications for the markets it serves.
View Top Employees from Malco Products SBCWebsite | https://www.malcotools.com |
Revenue | $33 million |
Funding | $2 million |
Employees | 99 (83 on RocketReach) |
Founded | 1950 |
Address | 14080 State Highway 55 NW, PO Box 400, Annandale, Minnesota 55302, US |
Phone | (320) 274-8246 |
Fax | (320) 274-2269 |
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Industry | Wholesale, Industrial Machinery & Equipment, HVAC Hand Tools, Manufacturing, Autobody Hand Tools, RSG Hand Tools, Zip Ins |
Web Rank | 1 Million |
Keywords | Malco, Malco Products, Malco Snips, Malco Tools, Decoupe Tole Toiture |
Competitors | Everhard Products, Inc., Irwin Tools, Ken-Tool, Lisle Corporation, The M. K. Morse Company |
SIC | SIC Code 356 Companies, SIC Code 35 Companies |
NAICS | NAICS Code 3339 Companies, NAICS Code 33 Companies, NAICS Code 333 Companies |
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The Malco Products SBC annual revenue was $33 million in 2024.
Don Schmidt is the Executive Vice President of Malco Products SBC.
83 people are employed at Malco Products SBC.
Malco Products SBC is based in Annandale, Minnesota.
The NAICS codes for Malco Products SBC are [3339, 33, 333].
The SIC codes for Malco Products SBC are [356, 35].