Malco Products, SBC, a leading manufacturer of high-quality tools for the building trades, announced its first-ever “New Product Idea” contest, where the winner will work with Malco’s product development team to define their concept and participate in creating a “new product.”

The New Product Idea contest seeks innovative new product or processes ideas that align with the company’s solutions, meeting the needs of trade professionals. The grand prize winner will receive “VIP treatment” at a to-be-determined industry trade show, including airfare and hotel expenses. The runner-up will receive $500 in Malco tools. All entries receive a Malco hat, tumbler and catalog.  

“Malco launched this contest for product ideas as part of our longstanding commitment to innovation,” said Rich Benninghoff, the company president and CEO. “One of the reasons that Malco remains a leader in the industry is due to our reputation in creating high-quality tools that trade professionals want and need.”

Entrants are encouraged to submit product extensions and modifications and original product ideas. To be eligible, all new product ideas must be submitted to Malco by June 30, 2023.

Entry forms and complete contest details are available here.

For more information about Malco Products, SBC, visit