Scott Crane Joins Malco Products, SBC as Chief Operating Officer

Headshot of Malco Tools COO Scott CraneANNANDALE, MINN. (June 22, 2021) — Malco Products, SBC, one of the nation’s leading manufacturers of high-quality, American-made tools for professional use, announced that Scott Crane has joined the company as Chief Operating Officer.

Crane has more than 30 years of operations, financial and business leadership experience at a variety of organizations, including startups and Fortune 50 companies, both private and public. Prior to joining Malco, Crane served as the Chief Financial Officer at DeZURIK, Inc., and has held various leadership positions at Edeniq, Koch Industries, Inc., and The Dow Chemical Co.

“We are pleased to bring Scott’s leadership and operations expertise to the Malco team,” said Rich Benninghoff, President of Malco Products. “His approach to strategy and its execution will be invaluable to the organization as we expand the company’s capabilities during this period of growth.”

“I look forward to joining the team of employee-owners at Malco,” Crane said. “I grew up in a Midwestern manufacturing family, and have spent my career helping U.S.-based manufacturing companies grow and keep their operations moving smoothly and efficiently. I am excited to bring that experience to Malco.”

Crane holds a Master’s in Business Administration degree in Finance & International Business from the University of Michigan – Ross School of Business, as well as a Bachelor’s degree in mechanical engineering from North Dakota State University.


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