Malco Tools, one of the nation’s leading manufacturers of high-quality hand tools for HVAC and building construction trades, is celebrating its 75th anniversary in 2025 with an open house on Saturday, May 17.
The open house will feature a ribbon-cutting ceremony and brief remarks from Malco Tools leadership at 10 a.m., followed by ongoing facility tours of Malco’s newly remodeled space throughout the day. NOTE: Media availability and private plant tours will take place from 9-10 a.m. Please RSVP in advance.
Entertainment will continue through 2 p.m. with a retro car show, food trucks, and games for the whole family.
What: Malco 75th Anniversary Open House featuring a ribbon-cutting ceremony and brief remarks from Malco Tools leadership, facility tours, car show, food trucks and all-ages games.
Who: The Malco Group CEO Rich Benninghoff and other company officials, select local dignitaries.
When: Saturday, May 17, from 9 a.m.-2 p.m. Please note: Availability for media interviews and private tours begins at 9 a.m.; ribbon-cutting will take place at
10 a.m.
Where: Malco Tools, 14080 State Highway 55, Annandale, MN, 55302
Please RSVP to malco@bellmontpartners.com to attend and schedule interviews with Malco leadership.
About Malco
Malco Tools was founded in 1950 by Mark W. Keymer, a young steel supply salesman, who invented a pipe crimper for installing the “new” (at the time!) sheet metal ductwork being used in forced air heating systems. Keymer was inducted into the Minnesota Inventors’ Hall of Fame in 2007.
The company started in a small garage in Minneapolis before moving to its current headquarters in Annandale, Minn., where the company now employs 170+ associates. Malco recently completed a substantial building remodel as part of its “Look Good, Feel Good, Do Good” initiative, and is eager to welcome the community in to experience the updated workspaces and see how Malco manufactures and ships its products right here in Central Minnesota.
Malco became a 100% -employee-owned ESOP in 2015 after the Keymer family sold their final shares back to the company. The company remained -employee-owned until late 2024, when Malco Tools was acquired by Aspen Pumps Group, providing large payouts to the hundreds of employee-owners who are still employed by Malco today.
Now, Malco looks ahead to its next 75 years in business as part of The Malco Group, a specialized portfolio of North American brands providing high quality products and solutions to professionals in the HVACR industry. There are many exciting announcements ahead, so stay tuned!
Learn more at www.malcotools.com.