“Parallel Jaw Locking Toggle Wrench/Pliers with Economic/Ergonomic Handles” comprising: a fixed jaw member being in parallel relationship to a slidable jaw member; the fixed jaw member constructed (by riveting or welding means) to support member - the support members being formed integral to a lower handle; the slidable jaw member slidably contiguous to said support member; the slidable jaw member pivotably attachable (by riveting) to a rotatable upper handle opposing said lower handle; a spring tensioned to said slidable jaw member - with the spring attachable to said lower handle; the spring allowing for the operation of said slidable jaw member, a toggle, said upper handle, and an adjustment screw; the toggle pivotably attachable (by riveting) to said upper handle; the toggle pivotably contacting said adjustment screw; the adjustment screw rotatably mounted in said lower handle; a release lever levered off of said toggle; the release lever pivotably attachable (housed) in said upper handle; and a compound toggle link means levered off of said toggle as an alternate design to said release lever.