matex wire rope kilgore tx factory
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Bishop Lifting Products, a Houston, TX-based wholly owned subsidiary of SBP Holdings, has acquired Matex Wire Rope Inc., Kilgore, TX. Terms were not disclosed. The bolt-on acquisition allows Bishop Lifting Products to expand its presence in the Texas and Louisiana markets. 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. Previous Article Arrow Electronics Sales Up 8.3% in 2Q Next Article Foundation Building Materials Sales Up 96% in 2Q
HOUSTON — SBP Holdings, through its wholly owned subsidiary Bishop Lifting Products, has announced 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 the 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 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," said Bishop president Harold King. "This investment represents an important strategic opportunity to offer high quality products and service operations in and around Texas and Louisiana. The acquisition also adds to our capacity and geographic presence to key market customers.”
Founded in 1984, Bishop Lifting Product is a 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, its 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.
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.”
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.
Pearland, TX (August 12, 2013) — Delta Rigging & Tools, Inc., one of the largest providers of lifting and rigging products and related services in the United States, today announced it has completed the acquisition of Holloway Wire Rope, supplier of wire rope, below-the-hook lifting devices and rigging supplies headquartered in Tulsa, OK, with a second location in Wichita, KS. The acquisition of Holloway Wire Rope expands Delta Rigging & Tools footprint into the Oklahoma oil & gas fields, along with broadening its reach into the Midwest markets.
Holloway Wire Rope, celebrating its 72nd year in the industry, is proud to be one of the earliest established wire rope and rigging companies in the United States. Through the efforts of its experienced and long-term management team, they have become an internationally recognized supplier specializing in Wire Rope Slings, Rigging, Fall Protection, Nylon Slings, Wire Rope, Chain, Chain Slings, Rope, Hoists, Shackles, Turnbuckles, Eye Bolts, Sheaves, Snatch Blocks, Tie Downs and Cargo Control, Load Binders, Crane Blocks, Winches, Swivels, Pull Testing Safety Belts, Chokers, Round Slings, Rigging Hardware, and Suspended Personnel Platforms.
“We had been looking for a way to expand our footprint deeper into the Oklahoma oil fields and Midwest markets for some time,” said Mitch Hausman, President & CEO of Delta Rigging & Tools. “After a careful review of the Holloway Wire Rope operations, it became clear that taking a well- established business with great customer and vendor relationships was a strong strategic move for us, and the best way to serve our existing and new customers working in the Midwest.”
Curt Tuggle Owner of Holloway Wire Rope will be joining the Delta Rigging & Tools management team and continue as General Manager of the Tulsa and Wichita operations. “We are very pleased that a company with Delta Rigging & Tools national stature and reputation for quality and value is acquiring Holloway Wire Rope” said Curt. “Holloway Wire Rope is recognized for the high quality products we offer, customer satisfaction and safety. We believe that joining Delta Rigging & Tools will help us continue to grow by bringing us access to tremendous purchasing power and distribution of some of the
Delta Rigging & Tools is one of the largest US providers for both sales and rental of rigging and lifting products, tools, and services. Delta Rigging & Tools offers a complete portfolio of lifting solutions, including hoists, winches, wire rope, wire and synthetic slings, accessory parts, and hardware as well as testing, inspection, and field service, and rental of lifting equipment and tools. Delta Rigging & Tools serves both domestic and international customers through 15 sales and service facilities and distribution centers located around the country. The company provides complete lifting and rigging solutions and support for a diverse range of markets, including Oil & Gas production and distribution, Energy and Power-Generation, Mining, Transportation, Heavy Manufacturing and Construction. Founded in December, 2004, Delta Rigging & Tools continues to grow rapidly through a combination of acquisitions and Greenfield start-ups. Delta Rigging & Tools focuses on providing its customers with the highest possible levels of Safety, Service, Quality and Value. Additional information on Delta Rigging & Tools can be found at www.deltarigging.com.
Holloway Wire Rope is a privately held corporation that has been in business since 1941. The company is owned by Curt Tuggle who has been active in the day-to-day operations of the company since he purchased it in 1982. He began his career in the wire rope business in 1965 working for Bethlehem Steel. Mr. Tuggle’s philosophy of growing Holloway has been to create and foster lasting relationships with the customers Holloway Wire Rope serves. Holloway Wire Rope is known for providing the very best in customer service, coupled with the highest quality products at competitive prices.
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.”
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.
Along with Delta Rigging & Tools and Morgan City Rentals, Matex is a quality addition to the BLP group. For over 50 years, they have been a premier supplier of lifting solutions. This includes sling fabrication, wire rope & rigging hardware, fall protection, cable service, recertification, and custom lifting solutions. For one thing, their reputation for outstanding service is built upon their “Customer First” philosophy. With this in mind, all services and products are accessible through their customer service phone lines that are answered 24/7.
“The acquisition of Matex complements our overall wire rope and rigging offering. Now, additional services can be provided to the oil and gas industry. This investment represents an important strategic opportunity. This opportunity is to offer high-quality products/service operations in and around Texas and Louisiana,” said Harold King, President of BLP. “The acquisition adds to our capacity and geographic presence to key market customers.”