MagnoGrip Hits Wal-Mart Stores Nationwide with Quick Snap Magnetic Innovation

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America’s largest retailer gets a grip on magnetic work gear from tool accessory startup

This is a significant milestone in the evolution of our young company. Consumers are increasingly looking for inventive alternatives to accomplish tasks around the home and at work

MagnoGrip today announced the availability of the Quick Snap Magnetic Tape Measure Holder in more than a thousand Wal-Mart stores nationwide. The addition brings the number of locations carrying the San Francisco-based manufacturing startup’s accessories to more than 3,000. The magnetic tape measure holder, which lets you work with ease, is also available at 1,700 Lowe’s stores and 135 Home Depot locations.

“This is a significant milestone in the evolution of our young company. Consumers are increasingly looking for inventive alternatives to accomplish tasks around the home and at work,” said Andre Woolery, MagnoGrip CEO and founder. “We believe our partnership with Wal-Mart gives the millions who shop there an innovative and affordable solution.”

Being available in the nation’s largest retailer is a substantial accomplishment and an important step for MagnoGrip. The company, founded in 2005 in San Francisco as a bootstrapped startup, has since been popular with tradesmen and homeowners alike. MagnoGrip was named 2011 Innovator of the Year by Black Enterprise and continues to expand with a full lineup of products to be available in 77 South Carolina Wal-Marts starting in mid-November.

According to Consumer Reports, 43 million homeowners will take on 57 million projects this year. The Quick Snap Magnetic Tape Measure Holder, compatible with any tape measure, will help these weekend warriors accomplish tasks faster with magnetic technology. The magnetic tape measure holder can be attached to metal surfaces such as steel beams and helps prevent wear and tear on belts and pants pockets. The Quick Snap is available for $19.99. Additional MagnoGrip products can be found at http://www.magnogrip.com.

About MagnoGrip Inc.
MagnoGrip is a San Francisco-based manufacturer of magnetic tool storage gear and accessories. The company was founded in 2005 for do-it-yourselfers and professional tradesmen in need of cool, innovative and well-crafted products for home improvement and craftsman endeavors. Unlike old-fashioned tool belts, MagnoGrip provides easy access to tools because it is held securely in place with magnetic technology, reducing wear and tear to clothes. MagnoGrip products are distributed nationwide through Wal-Mart, Lowe’s, The Home Depot and other major retailers. For more information, please visit http://www.magnogrip.com.

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Libby Kearney
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