As the agricultural market faded in face of continued urbanization, Malvese responded to the challenge by going after a different market, private estates, golf courses, municipalities, and schools. Sales and service of lawnmowers still constituted a large
portion of the company’s business, and success in the new markets kept the company moving forward. By the late 40’s the Company had reached the point where it had to be divided into three separate organizations. For more efficiency, the
construction equipment part became George Malvese & Co., the mower company became Malvese Mowers & Equipment Co., Inc. and the tractor operation became the Malvese Tractor & Implement Co., in 1959, Malvese rededicated itself to the Long
Island market by opening a new 49,000 sq. ft. headquarters on Old Country Road in Hicksville.
In 1981, Paul G. Malvese, son of George P., and Grandson of the founder, became the President of the Company. In 1983, Malvese expanded its operation to the eastern end of Long Island. A new 12,000 sq. ft. building on a 7-acre site became the firm’s
Riverhead branch, chosen because both the North and South forks of Long Island, along with western Suffolk County, could be serviced properly from there. The intent was to create a service and parts facility that equaled Malvese of Hicksville.
In 1997 the Malvese companies, located in Hicksville, were merged into the current Malvese Equipment Co., Inc. which is currently located in a 20,000 sq. ft. newly renovated building located on two acres of property at One Henrietta Street, Hicksville,
New York. In 2020 Paul Malvese retired and executive Management Albert Cooley - President and Otto Cooley – Senior VP acquired ownership of Malvese.
Malvese continues to be unique for the number of equipment
lines carried in a relatively small sales territory and will continue to live by the credo of quality equipment and service, as it has for over a century. The equipment dealership is determined to maintain its premier position in its chosen markets.
Together with its staff of professionals, the Malvese Equipment Company will continue to service Long Island and the New York metropolitan area with its trademark of excellent service well into the future.