Singer Equities Acquires Smith Industrial Rubber & Plastics Inc.

singer-equitiesFebruary 1, 2018 — Singer Equities, Inc. has acquired Smith Industrial Rubber & Plastics Inc. headquartered in Rockford, Illinois.  Smith Industrial is a distributor and fabricator of hydraulic hose and fittings, conveyor belting, industrial hose, sheet rubber and die cut parts from plastic and rubber.  The business was founded in the 1940s as a division of Smith Oil Corp. who was a dominant distributor of petroleum, rubber products and select automotive parts through most of the 20th century in the Rock River valley.  Current owners Scott Greenfield and Tom Rudnicki were originally salesmen for Smith Industrial Rubber.  Tom Rudnicki will remain as General Manager and will continue operating under the Smith Industrial Rubber and Plastics name.

“Scott Greenfield, Tom Rudnicki and their team have built a reputable rubber distribution business over the past 30 years and have earned that through their value-add product offerings and dedication to customer service”, stated Sam Petillo, President of Singer Equities.  Adding, “We are very excited and proud to have Smith Industrial Rubber & Plastics join the Singer Equities team and expand our geographic footprint into Illinois. The addition of Smith Industrial further diversifies our customer base.”  Rudnicki said, “Through this partnership with Singer we maintain our name, identity and business model that enabled Smith’s growth over the past 75 years. We plan to leverage Singer’s strength in the rubber industry to hasten the pace of our growth in the Midwest.”

Singer Equities, along with Bishop Lifting Products, are wholly owned subsidiaries of SBP Holdings.  Singer Equities specializes in industrial hose, hydraulic hose, conveyor belt and gasket material fabrication and services.  Bishop Lifting is engaged in the fabrication, distribution and rental of wire rope and rigging products and services.  The combined entity has 58 locations throughout North America with over 1050 employees.  More information can be obtained at www.sbpholdings.com and www.singerequities.com.

 

 

 

 

 

 

 

 

Rigging Inspection Services

As we are starting 2018, don’t forget to inspect all Rigging and Lifting Equipment to make sure that it is ready for another year of service. You can perform these periodic rigging inspections at any time of the year, but it is important to understand that users are required by ASME standards to perform a periodic inspection of all of your slings and hardware at least once a year.  

Bishop Lifting’s Services Department is available to come to your location and perform rigging inspection services. If you are interested in having Bishop’s Services department perform a periodic inspection on your rigging equipment contact them at 713-674-2266 or services@lifting.com.  Our team can help you develop an inspection schedule that best suits your company's needs.  Sometimes due to severity of use, periodic inspections can be required to be performed monthly, quarterly or annually. 

You are not required to use a third party for your periodic rigging inspections, and can use any of your employees that consider to be qualified based on experience and training. If you do not feel that you have any employees that are qualified, Bishop Lifting also offers training on rigging gear inspection. We offer many training options from 1 hour presentations all the way up to 2 day Rigging Inspector courses. The length of the training and the scheduling can be customized to meet your needs and your schedule. For more information contact our training department at 713-674-2266 or training@lifting.com.

Basic Sling Inspection by Type:

chain sling inspection

wire rope sling inspection

web sling inspections

round sling inspections

sling inspection posterFor more information on removal criteria for other types of equipment or to get a copy of the Sling Inspection Criteria poster below contact our training department at 713-674-2266 or training@lifting.com.

Hurricane Harvey Update

To our Customers, Suppliers and Friends,

Bishop Lifting Products and Delta Rigging & Tools have made it through Hurricane Harvey and the Houston, Angleton and Sulphur offices officially reopened for business on Thursday, August 31st. Hurricane Harvey hit Texas harder than expected, impacting millions, displacing hundreds of thousands. We prepared prior to the storm and remained in constant contact with our employees throughout the storm. All of our employees are safe, but many have water damage to their homes and cars, and few have lost everything.

Please contact us in regards to new or existing orders. Normal shipments and orders may take longer due to road conditions, freight delays and facility closures. Our other locations are helping with production to support our customers and utilizing inventory within our groups to minimize supply chain disruptions. Our team will do everything to help you meet your project deadlines.

Our parent company, SBP Holdings, set up a Go Fund Me account for employees affected by the storm. SBP will match employee contributions dollar for dollar over the next 14 days. 100% of contributions will go directly to SBP employees affected by the storm.  If you feel the need to donate, please contribute at: https://www.gofundme.com/sbpblp-employees-flood-relief 

Thank you for your patience as our company returns to normal business. Our thoughts and prayers are with those who have been adversely affected.

Sincerely,

Harold King
President
Bishop Lifting Products
Delta Rigging & Tools
Morgan City Rentals

 

Delta Rigging & Tools Logo

bishop lifting products logo

Bishop Lifting Products, Inc. Finalizes Acquisition of Matex Wire Rope

Houston, TX - - August 1, 2017 – SBP Holdings, through its wholly owned subsidiary Bishop Lifting Products, is pleased to announce the recent acquisition of Matex Wire Rope, Inc. headquartered in Kilgore, TX. This bolt on acquisition fits into Bishop Lifting Products growth strategy to accelerate its position in Texas and Louisiana markets.

Along with Delta Rigging & Tools and Morgan City Rentals, Matex Wire Rope is a quality addition to the SBP Holdings group of companies.  For over 50 years, Matex has been a premier supplier of lifting solutions including: sling fabrication, wire rope & rigging hardware, fall protection, cable service, recertification and custom lifting solutions.  With branches in Shreveport, LA, Pleasanton, TX, Alice, TX, and Midland, TX, the combined companies will now operate 20 branch locations throughout Texas, Louisiana, Oklahoma, Kansas, and Colorado.

Matex provides sales, service and repair for all types of wire rope and cable, including, drill lines, sandlines, electromechanical cable (EWL), and other specialty cables.  Matex’s specialty services include: Oilfield Wireline Spooling Services, Electromechanical Cable Splicing, Wireline Sheave repair, inspection and recertification.

“The acquisition of Matex complements our overall wire rope and rigging offering so we can now provide additional services to the oil and gas industry. This investment represents an important strategic opportunity to offer high quality products and service operations in and around Texas and Louisiana,” said Harold King, President of Bishop Lifting Products. “The acquisition also adds to our capacity and geographic presence to key market customers.”

About Bishop Lifting Products, Inc.

Founded in 1984, Bishop Lifting Products, Inc. (BLP) is a leading fabricator and distributor of products, services, and lifting solutions for crane, rigging, marine, and oilfield applications. Along with its Delta Rigging & Tools and Morgan City Rentals companies, our 500+ dedicated employees throughout Texas, Louisiana, Oklahoma, Kansas, and Colorado supply wire rope, slings, rigging hardware, lifting devices, hoists and winches to customers with lifting, oilfield, towing, and hauling applications.

Bishop Lifting along with its affiliate Singer Equities has grown to 57 locations throughout the United States and Canada.  Singer Equities is a decentralized group of value added distributors in the industrial rubber products industry that distribute and fabricate industrial & hydraulic hose, conveyor belt and gaskets.

 

Media Contact:
Teresa Clayton, Marketing Manager
Bishop Lifting Products, Inc,
125 McCarty Dr.
Houston, TX  77029
(713) 674-2266 office
(713) 671-7841 direct
Teresa.Clayton@Lifting.com

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