Malco Tools, Inc. one of the nation’s leading manufacturers of high-quality, American-made hand tools, has added two new leaders to its team: Jim Finneman, who will serve as the company’s executive vice president of supply chain management; and Jeff Widdel, who will be the company’s director of engineering and plant operations.
Jim Finneman, left, has joined Malco Tools as executive vice president of supply chain management; and Jeff Widdel, right, will serve as the company’s director of engineering and plant operations.
Finneman comes to Malco as an operations leader with 20 years of success driving strategies to grow revenues and profits for global corporations and family-owned companies, including well-known American brands. Finneman’s background includes expertise in global supply chain operations, manufacturing, logistics and more. He holds a Master of Business Administration degree from Dominican University and a Bachelor of Business Administration degree from Iowa State University.
Widdel brings over 20 years of engineering and operations experience to Malco, including strategic management roles at leading industrial and medical device companies, and has a proven track record of operations leadership in continuous improvement, product development and strategy deployment. He holds a Master of Business Administration degree from the University of St. Thomas in St. Paul, Minn. and a Bachelor of Science degree from the South Dakota School of Mines and Technology.
“The Malco team is proud to have Jim and Jeff join us as we plan for future growth and optimize our current operations,” said Rich Benninghoff, president and CEO of Malco Tools. “Their expertise and leadership will help Malco continue to position itself strategically in the market and improve our existing processes to find efficiencies and better serve our customers.”