southwest wire rope lp in stock

Southwest Wire Rope"s Engineering Services Department provides engineered lifting devices, lift plans, and engineered load testing services under the leadership of experienced Professional Engineers with extensive experience in heavy lifting.

• Tensile Strengths are determined in accordance with Cordage Institute 1500.2. Test Methods for Fiber Rope. Minimum Tensile Strength (MTS) published assumes spliced eye tenninations at each end of the rope. Weights actually calculated at linear density under state preloaded (200d’J plus 4%. Diameter and circumference size published is nominal and reflects rope size after loading (10 cycles) to 50% ofMTS. See reverse side for application and safety information .

Plasma® 12 strand is the highest strength synthetic rope available. Plasma® 12 strand is manufactured from High Modulus Polyethylene (HMPE) that has been enhanced by Cortland’s patented recrystallization process. This process is especially effective in medium to large diameter ropes where strengths are over 50% higher and creep is significantly less than that of standard Spectra® 12 strand.

Since 1966 Southwest Wire Rope has expanded to become a recognized global wire rope supplier serving diversified markets with material handling, lifting & mooring products at five full-service locations. Large, full-range inventory includes their trademark “Gold Strand” wire rope; bright, galvanized, stainless steel & vinyl coated cable; plus wire rope slings & a variety of fittings & hardware.

Southwest Wire Rope maintains a large inventory of wire rope in a full range of diameters and constructions to meet the needs and expectations of the market. In addition to testing capabilities up to 2 million lbs.

Southwest Wire Rope offers a complete range of lifting products including, wire rope slings, nylon slings, round slings, chain, shackles, thimbles, sockets, and other related hardware in stock at five full-service locations in Texas, Louisiana and Missouri.

Houston Wire & Cable Co. (Nasdaq: HWCC), Houston, Texas, on Wednesday announced that it has agreed to sell its Southwest Wire Rope business in an asset transaction for $5 million.

The sale of Southern Wire Rope, a Houston-based provider of lifting slings and wire rope and rigging products, excludes $2.6 million of trade accounts receivable, which HWCC will retain. HWCC said it expects to use the net sales proceeds and accounts receivable collections to further reduce revolver debt.

“Southwest Wire Rope is a company that for over 50 years has been a leading supplier of quality lifting slings, wire rope and rigging supplies to the lifting industry,” said James L. Pokluda III, HWCC president and CEO. “We wish them much success in the future. Proceeds from the sales of Southern Wire and Southwest Wire Rope allow us to reduce debt, which lessens financial risk in these uncertain times.”

HOUSTON, TX--(Marketwire - May 27, 2010) - Houston Wire & Cable Company (NASDAQ: HWCC) today announced that it has entered into a definitive agreement to acquire Southwest Wire Rope LP and Southern Wire, LLC from Teleflex Incorporated (NYSE: TFX).

Chuck Sorrentino, President and CEO of HWCC, commented, "We are extremely pleased to expand our business with the addition of these two great organizations. Both Southwest Wire Rope and Southern Wire are well managed and have great support teams. We feel their respective businesses are an excellent fit for our long term growth initiatives. The combined companies will serve complimentary end markets which require the goods and services of all three companies. I am very excited about the opportunity that this acquisition brings to HWCC."

The live audio web cast of the call and accompanying presentation will be available on the Investor Relations section of the Company"s website, www.houwire.com.

With almost 35 years experience in the electrical industry, HWCC is one of the largest distributors of specialty wire and cable and related services in the U.S. electrical distribution market. Headquartered in Houston, Texas, HWCC has sales and distribution facilities in Atlanta, Baton Rouge, Charlotte, Chicago, Denver, Houston, Los Angeles, Philadelphia, San Francisco, Seattle and Tampa.

Founded in 1966, Southwest Wire Rope offers a complete range of custom fabricated lifting products including, wire rope slings, nylon slings, round slings, chain, shackles, thimbles, sockets, and other related hardware in stock at five full-service locations in Texas, Louisiana and Missouri.

For over 30 years, Southern Wire has been a supplier of industrial wire rope, aircraft cable and related hardware. Southern Wire serves its customers from three full-service locations in Mississippi, Missouri and Nevada.

Risk factors that may cause actual results to differ materially from statements made in this press release can be found in HWCC"s Annual Report on Form 10-K for the period ended December 31, 2009, filed with the SEC on March 15, 2010. This document and other SEC filings are available under the Investor Relations section of HWCC"s website at www.houwire.com.

Manufacturer of material handling, lifting and mooring products required by industries along the Gulf Coast. The company"s products include wire rope slings, nylon slings, round slings, chain, shackles, thimbles, sockets and other related products.

TORONTO, ONTARIO--(Marketwire - Aug. 10, 2009) - Southwest Wire Rope has selected the market leading Inspection and Safety Compliance Management (ISCM) system, Field ID to automate their product certification process. Southwest Wire Rope chose Field ID to drastically reduce time in the product certification process and eliminate paperwork.

"We have to generate certificates for many of the products that leave our facility. This process is extremely time and labor intense and also creates a high volume of paperwork. With Field ID, certificates are created automatically and stored online. Our customers can now, quickly and easily, access their certificates at anytime. We have not only provided our customers with a value added service, we have greatly increased our internal operational efficiency", said Vic Maia, General Manager of Southwest Wire Rope LP.

"As a fabricator of wire rope, chain slings, and other lifting products, Southwest Wire Rope LP has a significant amount of certification to manage. Field ID automatically, without user intervention, creates and publishes certificates online for Southwest Wire Rope LP"s customers. Only Field ID offers this level of automation. Southwest Wire Rope LP is saving a huge amount of time, reducing paperwork, and streamlining their operations", said Somen Mondal, CEO of N4 Systems.

Southwest Wire Rope was established in 1966 to meet a strong demand for reliable service and quality wire rope required by industries along the Gulf Coast. Since those early years, we have expanded and increased our product line to meet diversified markets around the world. Today, we are a prime supplier of material handling, lifting & mooring products globally. For more information, please visit http://www.swwrinc.com.

Field ID makes safety simple. Field ID is the world"s leading Inspection and Safety Compliance Management (ISCM) system. Field ID has revolutionized the way the companies manage their inspections and safety compliance creating safer workplaces around the world. Based on Field ID"s real-time, multi-tenant architecture, Field ID combines a web based system with mobile computing and advanced identification (RFID) to make the world of paperless safety compliance a reality. Field ID provides easy to use inspection, traceability, compliance and maintenance tools for manufacturers, distributors, third party inspectors and end users. The Field ID Safety network allows partners, vendors and end users to share product safety and quality data for an incredibly advanced, yet simple to use electronic safety pedigree. Field ID customers around the world are tracking over one million cranes, ropes, personal protective equipment and other types of critical assets. Field ID offers the fastest path to safety success. For more information please visit www.fieldid.com.

Industrial distributor Houston Wire & Cable Co. (Nasdaq: HWCC) completed the sale of its Southwest Wire Rope business, which provides lifting slings, wire rope and rigging products. The deal was first announced in January.

Southwest Wire Rope was purchased for $5 million, and the deal excluded approximately $2.9 million of trade accounts receivable that HWCC retained. Net proceeds from the sale of around $3.4 million were used to further reduce HWCC"s revolver debt, the company announced March 15.

"We are pleased that we were able to complete the sale of Southwest Wire Rope and, as communicated in prior releases, applied all sale transaction proceeds towards the reduction of debt. The company has made remarkable revolver debt reduction progress over the last 12 months," said James Pokluda III, president and CEO of HWCC. "Including the $3.4 million received, and collection of the estimated $2.9 million of trade accounts receivable, we estimate proforma revolver debt to be $15.4 million, which is a reduction of $70.5 million versus the close of the first quarter 2020."

In late December, HWCC completed the sale of its Southern Wire business to Paducah, Kentucky-based Southern Rigging Cos. LLC for $20 million, in order to further reduce debt.

Rubicon also provides technology and technical services to the oil and gas sector. Rubicon has presences in North America, South America, Europe, Africa, Asia and the Middle East, according to the company"s website. The combined firm is led by Adam Anderson, CEO of Innovex.

Southwest Wire Rope LP is a local Houston Hardware Stores area business. Feel free to fill out our contact form here at the bottom of our profile on researchgiant.com so we can reach out to you!

Find a Houston Hardware Supplies that is here to serve you. Southwest Wire Rope LP is that company. Please reach out to us today so Southwest Wire Rope LP can help you solve any questions you have to meet your goals as a local consumer.

If you own a home or a business in Houston Harris County and you need Houston Hardware Supplies, then give Southwest Wire Rope LP a call now or fill out the contact form below and someone will get back to you and help you with your Houston residential, commercial, or industrial needs.

On 03/07/2008 SOUTHWEST WIRE ROPE LP filed a Contract - Debt Collection lawsuit againstMECH ASSOCT LLC. This case was filed in Harris County Courts, Harris County Civil Courts located in Harris, Texas. The case status is Disposed - Other Disposed.

Cash Receipt: CR #578240 AMT $208.00 PAID BY ANDREWS & KURTH SOUTHWEST WIRE & ROPE LP VS MECH ASSOCIATES LLC PET.FILED 1_ CIT.(S)TO BE ISSUED RULE 103 JURY FEE DISCOVERY HOLD Film code Number 752822071

Mediate: ORDER OF REFERRAL OF MEDIATION SOUTHWEST WIRE ROPE LP VS MECH ASSOCT LLC MARK STEPHEN HAENCHEN 1001 WEST LOOP SOUTH STE 700 HOUSTON TX 77027 713-439-0505 713-599-1703 Film code Number 754862979

Notice: NOTICE FOR ENTRY OF JUDGMENT SOUTHWEST WIRE ROPE LP VS MECH ASSOCT LLC ENTRY OF JUDGMENT SET FOR 09052008 AT 09:00 A.M. Film code Number 754962708

Order: ORDER OF APPOINTMENT TO MEDIATOR MARK STEPHEN HAENCHEN 1001 WEST LOOP SOUTH STE 700 HOUSTON TX 77027 SOUTHWEST WIRE ROPE LP VS MECH ASSOCT LLC Film code Number 754862982

Notice: NOTICE OF ORDER AGREED DISMISS ORDER SIGNED 07292008 SOUTHWEST WIRE ROPE LP VS MECH ASSOCT LLC Film code Number 756933657[+] Read More [-] Read Less

Notice: NOTICE FOR ENTRY OF JUDGMENT SOUTHWEST WIRE ROPE LP VS MECH ASSOCT LLC ENTRY OF JUDGMENT SET FOR 09052008 AT 09:00 A.M. Film code Number 754962708[+] Read More [-] Read Less

Order: ORDER OF APPOINTMENT TO MEDIATOR MARK STEPHEN HAENCHEN 1001 WEST LOOP SOUTH STE 700 HOUSTON TX 77027 SOUTHWEST WIRE ROPE LP VS MECH ASSOCT LLC Film code Number 754862982[+] Read More [-] Read Less

Order: ORDER FOR TRIAL SETTING SOUTHWEST WIRE ROPE LP VS MECH ASSOCT LLC SET FOR TRIAL ON 07072008 TRIAL TIME 09:00 A.M. Film code Number 754862977[+] Read More [-] Read Less

Mediate: ORDER OF REFERRAL OF MEDIATION SOUTHWEST WIRE ROPE LP VS MECH ASSOCT LLC MARK STEPHEN HAENCHEN 1001 WEST LOOP SOUTH STE 700 HOUSTON TX 77027 713-439-0505 713-599-1703 Film code Number 754862979[+] Read More [-] Read Less

Order: ORDER FOR TRIAL SETTING SOUTHWEST WIRE ROPE LP VS MECH ASSOCT LLC SET FOR TRIAL ON 07072008 TRIAL TIME 09:00 A.M. Film code Number 754822777[+] Read More [-] Read Less

Cash Receipt: CR #578240 AMT $208.00 PAID BY ANDREWS & KURTH SOUTHWEST WIRE & ROPE LP VS MECH ASSOCIATES LLC PET.FILED 1_ CIT.(S)TO BE ISSUED RULE 103 JURY FEE DISCOVERY HOLD Film code Number 752822071[+] Read More [-] Read Less