Mr. B nailed. Piss poor business plan. Malco has no marketing group. They rely on the Malco name and gear toward the professional. That is fine for their HVAC type tools. Nobody knows the EagleGrip name. If you want to sell professional tools then keep the Malco name on those. The market...
You can believe whatever u want. It is not word of mouth. It is fact. I posted on here a few weeks ago that they were no longer producing EagleGrips. There is 100,000 tools sitting in storage that they cant sell. Why would you keep making more.
I doubt if there will be a press release. I was told all of the inventory of finished tools will b shipped to Annandale and sold thru there at a deep discounted price.
UPDATE!!! Malco is closing the doors to the EagleGrip factory effective Dec. 31, 2022. They are actively looking for a buyer. They are going to finish an order for another company and that is it.
Employees of Malco's EagleGrip plant. I live 20 miles grom Dewitt and know many of the people who work there. As of September 20, 2022 there are no EagleGrips being produced. There will be no more EagleGrips produced the way they have been to this point. Management from Minnesota said they...
Sorry it took a while to follow up. No I'm not a troll or just trying to stir things up. Malco has stock of both 10", 7", and 11" clamps. However, at this time they are not making any new production.
Malco has stopped production of the EagleGrip locking pliers. They do not have the name recognition to charge the premium price they are trying to sell them at. No retailers are willing to put them on their shelves next to $15 ViseGrips which look extremely similar. Consumers do not care how...