south west wire rope price
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.
HOUSTON, Jan. 13, 2021 (GLOBE NEWSWIRE) -- Houston Wire & Cable Company (Nasdaq: HWCC) today announced that it has entered into a definitive asset purchase agreement for the sale of its Southwest Wire Rope business, a leading provider of lifting slings and wire rope and rigging products, for a purchase price of $5 million, subject to a working capital adjustment. The sale excludes approximately $2.6 million of trade accounts receivable, which HWCC will retain. HWCC expects to use the net sales proceeds and accounts receivable collections to further reduce Revolver debt. HWCC has already reduced Revolver debt to approximately $21.4 million as of January 13, 2021, from a peak of $95.2 million in the first quarter of 2020.
James L. Pokluda III, HWCC President & CEO commented, “Southwest Wire Rope is a company that for over fifty years has been a leading supplier of quality lifting slings, wire rope and rigging supplies to the lifting industry. 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.”
With 45 years’ experience in the industry, Houston Wire & Cable Company, an industrial distributor, is a large provider of products in the U.S. market. Headquartered in Houston, Texas, the Company has sales and distribution facilities strategically located throughout the United States.
Standard stock items available for immediate delivery include continuous and interlocked armor cable; instrumentation cable; medium voltage cable; high temperature wire; portable cord; power cable; primary and secondary aluminum distribution cable; private branded products, including LifeGuard™, a low-smoke, zero-halogen cable; mechanical wire and cable and related hardware, including wire rope, lifting products and synthetic rope and slings; corrosion resistant fasteners, hose clamps, and rivets.
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.
HOUSTON, March 15, 2021 (GLOBE NEWSWIRE) — Houston Wire & Cable Company (Nasdaq: HWCC) today announced that it completed the sale of its Southwest Wire Rope business, a leading provider of lifting slings and wire rope and rigging products, for a purchase price of$5 million, subject to a working capital adjustment. The sale excluded approximately $2.9 million of trade accounts receivable, which HWCC retained. HWCC used the net sales proceeds of approximately $3.4 million to further reduce revolver debt.
James L. Pokluda III, HWCC President & CEO commented, “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 twelve months. 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.”
With 45 years’ experience in the industry, Houston Wire & Cable Company, an industrial distributor, is a large provider of products in the U.S. market. Headquartered in Houston, Texas, the Company has sales and distribution facilities strategically located throughout the United States.
Standard stock items available for immediate delivery include continuous and interlocked armor cable; instrumentation cable; medium voltage cable; high temperature wire; portable cord; power cable; primary and secondary aluminum distribution cable; private branded products, including LifeGuard™, a low-smoke, zero-halogen cable; and corrosion resistant fasteners, hose clamps, and rivets.
We offer a large inventory of import & domestic wire rope including specialty, general purpose and galvanized options. In addition to our traditional green and white wire rope, we provide a full line of wire rope fabrication through 3.5 inch diameter including proof testing. Southern Wire also offers an extensive line of synthetic slings including web and poly-round slings, private labeled with a custom name and contact information.
The special design’s properties allow it to be more resistant to the normal complaints about winch wires: bad spooling, kinks, birdcaging, and many other names used on the river.
The design also allows it to be handled easier than other wires in multiple applications on the river: winch wires, face and wing wires, stationary and barge wires. The wire rope is much more flexible than any other rope ever used in this application. And if you want more strength, or prefer to downsize to a lighter wire, just ask for Gorilla Superstrand!!
CLEVELAND, OH – Mazzella Lifting Technologies, a Mazzella Company, is pleased to announce the acquisition of Denver Wire Rope & Supply. This acquisition will strengthen Mazzella’s footprint west of the Mississippi River and reinforce Mazzella’s commitment to be a one-stop resource for lifting and rigging services and solutions.
Denver Wire Rope & Supply has been in business since 1983 and services a variety of industries out of their location in Denver, CO. Denver Wire Rope & Supply is a leading supplier of rigging products, crane and hoist service, below-the-hook lifting devices, and certified rigging inspection and training. Effective immediately, Denver Wire Rope & Supply will operate as Mazzella / Denver Wire Rope. Terms of the transaction are not being disclosed.
“Denver Wire Rope & Supply will complement the wide range of products and services that Mazzella Companies offers. We are dedicated to being a single-source provider for rigging products, overhead cranes, rigging inspections, and rigging training. Both companies commit to a customer-first mentality, providing the highest-quality products, and leading by example when it comes to safety and sharing our expertise with customers and the market,” says Tony Mazzella, CEO of Mazzella Companies.
This acquisition will provide Mazzella Lifting Technologies with a western U.S. location that will allow them to grow and expand their reach past the Oklahoma City market.
“Our team and family are excited to be part of the Mazzella Companies. This acquisition strengthens our place in the market and allows our team to continue to provide excellent service and products to our valued customer base and expand our offering,” says Ken Gubanich, President of Denver Wire Rope & Supply.
“Over the years, we have had numerous companies show interest in purchasing Denver Wire Rope & Supply, none seemed to be the right fit. We are looking forward to becoming a part of an aggressive, passionate, and progressive organization. As a family business for over 36 years, it is important to us that our customers/friends, suppliers, and team members continue to be treated with first-class service, products, and employment opportunities. Again, we are very enthusiastic about our future and look forward to being a quality supplier for your crane, safety training, rigging, and hoisting needs for years to come,” says Gubanich.
“We wish Ed and Carol Gubanich all the best in their retirement. We welcome Ken and the other second and third-generation Gubanich family members, as well as the entire Denver Wire Rope Team, into the Mazzella organization,” says Mazzella.
We’ve changed our name from Denver Wire Rope to Mazzella. Aside from the new name and logo, our member experience is virtually unchanged. Here are some common questions and answers related to this change.
In 2019, Denver Wire Rope & Supply was acquired by Mazzella Companies to expand lifting and rigging products and services to the western half of the United States.
In 1954, James Mazzella founded Mazzella Wire Rope & Sling Co. in Cleveland, OH. For over 65 years, the company has grown organically by nurturing historic relationships, expanding its product offerings, and entering new markets through acquisition.
Established in 1993, we, BC Engineering Concern,are acknowledged in the industry as one of the leading organizations, which is engrossed in manufacturing a commendable range of Pulley Block, Wire Rope,Chain Slings, etc. High strength, corrosion resistance, lightweight, fine finish and durability are some of the highlighting features of our offered range of products. These products are developed keeping in mind the demands of different industries. Owing to our vast distribution network, we have been able to dispatch the offered range in timely manner at the customers" premises.
TEUFELBERGER high performance steel wire ropes are being used for various tasks on cranes around the world. In order to keep their quality at the highest level, a team of experts has been working continuously on upgrading existing and developing new products. In these endeavors, we work together closely with our renowned customers so as to find the perfect solution for their high demands.
Our range of services encompasses rope assembly, splicing, exchanging ropes, and even providing customized training. For these purposes, our service teams are deployed to many countries of the globe.
soLITE® by TEUFELBERGER, the first-ever fiber rope featuring a steel wire rope construction, impresses its users by providing 10% more in loading capacity and 80% less in weight than its steel counterparts. Developed together with the crane specialists at LIEBHERR, it has already taken the place of steel wire ropes in challenging lifting applications.