Malloy to Open Expanded Sioux Falls Headquarters
Jodi Schwan (3 hours ago)
Longtime Sioux Falls family business Malloy is moving to a newly renovated headquarters. The business purchased the former Sullivan Inc. building at 3101 N. Fourth Ave. and is converting it into a space that will bring six separate Sioux Falls locations under one roof.
Chris Houwman, Malloy owner and CEO, shared, "It was a massive distribution center that we can repurpose, and that doesn’t happen very often. The land, the office layout, the footprint, it was almost customized for Malloy."
Sullivan Inc. was acquired in 2014 by a private equity firm and then sold to a new owner in 2023. The Sioux Falls warehouse closed last year, and one of its brands was acquired early this year.
Malloy Electric, founded in 1945 by Emmett and Mary Malloy, originally offered motor repair and electric construction services. In 1971, Garry and Dianne Jacobson took over, expanding the company's scope. Houwman, the Jacobsons’ son-in-law, became the owner several years ago.
In recent years, the company has rapidly evolved, now with over 300 employees across seven service centers in six states and 10 distribution/sales facilities in nine states.
Currently spread across multiple buildings off Russell Street, Malloy lacks space and efficiency. The new building, accommodating over 20 cranes, including a 50-ton crane, will serve as both a headquarters and a major service center.
"So many of our customers are wanting us to serve them in other markets," Houwman noted. "A lot of it is organic growth through our customer base, and these are tier-one customers."
The transformation of the Sullivan building into Malloy's new headquarters is underway, with some team members already moved in. A former Sullivan showroom now serves as...