Has anyone attempted to buy out the factory so production can continue?
It seems like there’s an opportunity there.
If you read between the lines from what Malco has said, there are not enough sales to keep the place going full time. Which makes sense because the market for $45+ locking pliers is very limited with all the import brands that have flooded the market in the $10-15 range. I'd bet that Snap On sells the majority of what Malco makes because besides the people on this forum that bought the Malco version (not SO), I'm sure very, very.... few people knew this product even existed. And if they knew it existed, they'd buy the Irwin, Milwaukee, Bremen, Tekton.... version for 20% of the Malco price. The only way I can see the Malco locking pliers staying in production is if SO buys the factory and moves some of its existing plier production, or some other items there. So they run the Malco/SO locking pliers part time, the other SO items the other part of the time- with the same workforce. But the odds are probably against this because locking pliers are probably .01% of SO's sales and they can always go back to Grip On and not worry about managing another manufacturing facility.


