Bishop Lifting Acquires Safeway Sling USA

HOUSTON – (April 2, 2018) — Bishop Lifting has acquired Safeway Sling USA, a sling fabrication company headquartered in Greendale, Wisconsin. Safeway Sling USA is a manufacturer of 100% USA made nylon and polyester lifting slings as well as wire rope slings, chain slings, and tie-down assemblies that meet all WSTDA standards.

Safeway Sling USA, Inc. has a proven record of excellence in designing and fabricating 100% USA made lifting slings for 40 years and has gained recognition as the “Gold Standard” for overhead lifting slings.

Harold King, President of Bishop Lifting Products, stated that “we are excited with the addition of Safeway Sling to our family of companies. Safeway Sling has a proven track record in our industry of supplying the highest quality synthetic slings with the highest level of service. They will make a great addition to our team.”

Sue Szymczak, President of Safeway Sling USA, added that “We feel that BLP is the ideal fit to carry on our legacy of excellence.”

Along with manufacturing synthetic and metal lifting slings, Safeway provides certifying/recertifying services of overhead lifting assemblies with in-house ASTM E-4 calibrated testing capabilities. Bishop Lifting operates 70 test beds throughout their 21 locations with pull test capacities ranging from 100K-1500K metric tons.

Bishop Lifting Products, along with Singer Equities, are wholly owned subsidiaries of SBP Holdings. Bishop Lifting is engaged in the fabrication, distribution and rental of wire rope, sling and rigging products and services. Singer Equities specializes in industrial hose, hydraulic hose, conveyor belt and gasket material fabrication and services. The combined entity has 61 locations throughout North America with over 1080 employees.

More information can be found at www.sbpholdings.com, www.safewaysling.com, and www.lifting.com.

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

Singer Equities Acquires Foster Hose and Fittings

March 1, 2018

Singer Equities, Inc. has acquired Foster Hose and Fittings headquartered in St. Louis, MO. The business was founded in 1928 and has been owned by Todd Sacco, Dale Schwartz and Rick Freeman since 2007. Todd Sacco, who has been active in the business, will remain as Sales and Marketing Manager and the business will continue operating under the Foster Hose and Fittings name.
Foster Hose and Fittings is a distributor and fabricator of industrial hose, metal hose, silicone hose, hydraulic hose, fittings and expansion joints. Foster serves a diverse customer base in the food and beverage, pharmaceutical, chemical and industrial manufacturing markets, primarily in the Midwest region.

“Todd Sacco and his team have built a profitable business through servicing a high-end customer base with exceptional customer service and quality products and services”, stated Sam Petillo, President of Singer Equities. Adding, “We are very proud to welcome Foster to our team. This acquisition strengthens our core competence in industrial hose and expands our share in the food and beverage and chemical markets”. Todd Sacco said, “Singer provides the best cultural fit for Foster’s employees, customers and growth strategies. We will continue to market our products and services under the Foster Hose and Fittings name and will strengthen our hose business through collaboration with the other Singer companies.”

Singer Equities, along with Bishop Lifting Products, are wholly owned subsidiaries of SBP Holdings, headquartered in Houston, TX and through its 60 locations provides industrial rubber, wire rope, rigging products and services to a broad range of industrial markets throughout North America. More information can be obtained at www.sbpholdings.com and www.singerequities.com.

Haberbosch Appointed President of SBP Holdings

SBPHoldingsLogoFebruary 1, 2018—Houston, Texas–SBP Holdings, with its Singer Equities and Bishop Lifting Products business units, is pleased to announce the appointment of Pete Haberbosch as company President replacing Don Fritzinger, who will remain as CEO of the organization.  Haberbosch joined the Singer Equities business vertical in 2014 as a Vice President of their Hampton Rubber and later Summers Rubber platform businesses before being named a Vice President of Business Development for SBP Holdings.  In this new role Haberbosch will continue in the strategic acquisition pipeline development and marketing efforts supporting the organic and acquisition growth of both business verticals. Prior to joining Singer, Haberbosch held a number of management roles for the Gates Corporation and Fenner.

Don Fritzinger commented “Pete brings a great deal of energy and diverse skill sets from his background in the fluid power, industrial rubber and power transmission industry over the past 25 years.  Pete, along with Sam Petillo, President of the Singer Equities industrial rubber distribution business, Harold King, President of the Bishop Lifting business and Craig Osborne, SPB Holdings group CFO create a dynamic leadership team.”

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 on the companies can be found at www.sbpholdings.com, www.singerequities.com and www.lifting.com.

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.