ANNANDALE, Minn. — Malco Products SBC was recognized as the Medium Manufacturer of the Year by the Minneapolis/St. Paul Business Journal at a ceremony for the outlet’s inaugural Business of Manufacturing Awards on Dec. 6. These awards recognize companies in the manufacturing industry that drive the region’s economy and grow through innovation and strategic evolution.
“We are honored to be recognized with this top designation from the Minneapolis/St. Paul Business Journal,” said Malco president and CEO Mardon Quandt. “Our dedication to sustainable growth, creating and maintaining well-paying jobs, and employee safety translates to profitability and a sound business plan. We are proud to be named one of the Manufacturers of the Year and share this honor with our entire team.”
Malco was chosen as a winner for several reasons, including employee safety and its status as a Specific Benefit Corporation, a designation that indicates that a specific social benefit — employee ownership, keeping jobs local, and strengthening communities — is the primary driver of Malco’s business decisions. Malco’s commitment to creating jobs, American-made products, employee ownership and supporting the manufacturing industry drives every aspect of its business.
Malco’s dedication to job creation and keeping manufacturing jobs in the U.S. was demonstrated this October when the company expanded operations to a new plant in DeWitt, Nebraska, where it has begun production on its new Eagle Grip professional-grade locking pliers.
As a strong supporter and advocate of careers in the trades, Malco donates significant quantities of in-kind products and apparel annually to a variety of skilled trade education programs, competitions and events across the country, including high school, post-secondary technical and apprenticeship programs, regional apprenticeship contests, and SkillsUSA state and national conferences. Malco also coordinates the Head of the Class Student Recognition Program for students in skilled trade education programs and the Trade-Pro of the Year Awards for HVAC professionals.
Publication date: 12/18/2018