Gabriele Barr

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SINGER EQUITIES ACQUIRES SHIPYARD SUPPLY

Posted by Gabriele Barr on Sep 4, 2019 11:08:00 AM
SINGER EQUITIES ACQUIRES SHIPYARD SUPPLY

September 3, 2019

Singer Equities, Inc. has acquired Shipyard Supply, LLC headquartered in Metairie, LA. Shipyard Supply distributes and fabricates metal, industrial and composite hose assemblies, fittings, and industrial supplies out of their locations in Metairie, LA, Houston, TX and Mobile, AL. The business was founded in 1992 and serves a diverse customer base in the general industrial, refinery, petrochemical, marine and construction markets.

President and owner Jeff Wickersham, who has been active in the business, will remain and the business will continue operating under the Shipyard Supply name. “Jeff and his talented team have built a successful hose business by providing exceptional service throughout the gulf region and beyond”, stated Sam Petillo, President of Singer Equities. Adding, “This acquisition expands Singer’s product offering and strengthens our presence in the refinery and petrochemical markets in the gulf region.” Jeff Wickersham stated, “Singer is the right partner to support Shipyard’s core values of providing exceptional customer service and world-class products. Singer’s scale and national footprint will help us better serve our customers”.

Singer Equities has 57 locations specializing in industrial and hydraulic hose, conveyor belt, gaskets, and related services.

Singer Equities, along with Bishop Lifting Products and Dakota Fluid Power, are wholly owned subsidiaries of SBP Holdings, headquartered in Houston, TX and through its 95 locations provides industrial rubber, wire rope, rigging, fluid power 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.

Topics: Insider, Shipyard Supply, Acquisition

SINGER EQUITIES ACQUIRES 4-STAR HOSE & SUPPLY

Posted by Gabriele Barr on Jun 4, 2019 9:30:00 AM
SINGER EQUITIES ACQUIRES 4-STAR HOSE & SUPPLY

Singer Equities, Inc. has acquired 4-STAR Hose & Supply headquartered in Dallas, TX.    4-STAR Hose & Supply distributes and fabricates industrial hose, hydraulic hose, metal hose, composite hose, fittings, valves and pumps out of their locations in Dallas, Fort Worth, Midland, Pleasanton and Cleburne, Texas. The business was founded in 1983 and has been owned by the Culhane family since 2002.  4-STAR has 70 full time employees and serves a diverse customer base in the oil/gas, steel, chemical and food and beverage markets. 

All three owners, who have been active in the business, will remain and the business will continue operating under the 4-STAR Hose & Supply name.  “Keith, Kelly, and Brent Culhane and their team have built a profitable business by providing exceptional service throughout Texas and the surrounding region”, stated Sam Petillo, President of Singer Equities.  Kelly Culhane stated, “The team at 4-STAR Hose is excited to partner with Singer Equities.  We’ll be able to leverage Singer’s scale and product offering to better serve our customers.”  Brent Culhane added, “Being part of the Singer family will provide new growth opportunities for 4-STAR and our employees.  The addition of our five locations will expand Singer’s footprint in Texas.”

Singer Equities, along with Bishop Lifting Products and Dakota Fluid Power, are wholly owned subsidiaries of SBP Holdings, headquartered in Houston, TX and through its 92 locations provides industrial rubber, wire rope, rigging, fluid power 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.

SINGER EQUITIES ACQUIRES SMITH INDUSTRIAL RUBBER & PLASTICS

Posted by Gabriele Barr on May 20, 2019 9:25:04 AM
SINGER EQUITIES ACQUIRES SMITH INDUSTRIAL RUBBER & PLASTICS

February 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.

Top 8 Reasons Hydraulic Hoses Fail

Posted by Gabriele Barr on May 20, 2019 9:20:03 AM
Top 8 Reasons Hydraulic Hoses Fail

There are numerous reasons why a hydraulic hose can fail. More often than not, the most common failures are ones that could have been avoided with proper precautions. At Hampton Rubber Company, we utilize OnGuard™ Hose Safety to work closely with customers and educate them on how the program helps you avoid costly equipment downtime, maintenance costs and reassure you that your hoses are working efficiently and safely — all within compliance of OSHA/EPA standards.

1. Tube Erosion

Hydraulic hose tube erosion often causes external leakage. Tube erosion is typically caused by a concentrated high-velocity stream of fluid or by small particles in the fluid.

2. Fluid Compatibility

System contamination and external leakage can be a direct result of fluid incompatibility. Incompatible fluids will cause the inner tube of the hydraulic hose assembly to deteriorate, swell, and delaminate (divide).

It is important that you make sure that the hose you order must be compatible with the fluid being moved. It is also important to make sure that while the fluid is compatible with the inner tube of the hose, that it is also compatible with the outer cover, fittings, and even O-rings as well. To ensure that your medium is the correct one for your hose, please check OnGuard™ Asset Management’s Chemical Resistance Chart for hose.

3. Dry Air / Aged Air

The inner tube of hoses can develop numerous tiny cracks due to aged or dry air. This type of hose failure is sometimes hard to spot because your hydraulic hose will still remain flexible. Typically there are no signs of cracking on the hose under the fittings.

To avoid aged or dry air problems, confirm that your hose is rated for extremely dry air. Hoses that have inner tubes of PKR or EPDM rubber are preferred for these specific applications.

4. Minimum Bend Radius

Hose assemblies can fail relatively quickly if the minimum bend radius is not met.

In vacuum or suction applications, for example, if the bend radius has been exceeded the hose may tend to be flat in the bend area. This will hinder or restrict flow. If the bend is severe enough the hose may kink. To prevent bend radius hose failures, double check the recommended bend radius. Replace hose assemblies and change routing, length, or fittings to route the house within the published minimum bend radius if they do not comply.

5. Insertion Depth

When a hose assembly is not properly assembled, it can create very dangerous situations. Fittings need to be pushed on completely to meet the proper insertion depth. If insertion depth is not met, fittings can blow off and leave a failed hose assembly behind. The last grip in the fitting she is essential to the holding strength of the hose assembly.

6. Improper Assembly

Contamination can cause several problems for a hydraulic hose assembly. If not properly flushed, metal particles and debris can settle inside the hose. This abrasive debris left inside the hose will contaminate the hydraulic system. This contamination can also cause small fractures to occur on the inner tube of the hose assembly, resulting in leakage.

To prevent hose failures from contamination, the hose must be properly cleaned before inserting the fittings. The inner tube should be “squeaky-clean” before fittings are inserted. After the fittings are crimped, be sure to cap the ends in order to keep the hose clean and avoid recontamination during transport.

7. Heat Aged

Overheating a hose assembly can cause hose failure by causing the hose to become very stiff. The inner tube hardens and begins to crack because the plasticizers in the elastomer will break down or harden under the high temperature.

In some cases, the cover may show direct signs of being dried out. The hose assembly may remain in its installed shape after being removed from the application and if flexed, an audible cracking can be heard.

To prevent overheated hydraulic hose assemblies, confirm that hoses are rated for the temperatures required by your application. Also, reduce ambient temperatures or use heat guards and shields to protect the hose from nearby high-temperature areas.

8. Abrasion

Hydraulic hoses are put through rigorous applications every day, which eventually take their toll. If not inspected on a regular basis, abrasion can cause a hose assembly to burst or leak.

The cover of your hose is meant to protect it. So signs of damage to that cover or reinforcement layers should warn you that something is wrong.  With a little background knowledge and training, many hose failures can be prevented.

OnGuard™ Hose Safety offers hose safety training and hose product seminars on a regular basis. We know you can’t afford the downtime at factories by traveling, so we often provide safety training on-site at customer designated locations.  We train staff from every department including maintenance, engineering, safety/environmental (HSE) and manufacturing teams.

Topics: hose safety, hose testing

SBP HOLDINGS TO ACQUIRE DAKOTA FLUID POWER

Posted by Gabriele Barr on May 20, 2019 9:15:03 AM
SBP HOLDINGS TO ACQUIRE DAKOTA FLUID POWER

November 12, 2018-Houston, Texas — SBP Holdings will acquire Dakota Fluid Power and subsidiaries with closing scheduled for December 3, 2018. The Dakota Fluid Power operation will form the platform foundation for SBP Holdings entry into the Fluid Power repair and services industry forming a third business vertical within the holding company along with its Industrial Rubber vertical, Singer Equities and its Rigging and Rental vertical, Bishop Lifting Products. With this addition, SBP Holdings will increase its North America footprint to 74 locations with over 1,300 employees.

Dakota Fluid Power established in 1991 by President, Rick Lindemann, and his partner and Vice President, Mike Nelson, is headquartered in Sioux Falls, SD and has grown to 13 locations and 197 associates in the upper Midwest U.S. with operations in North and South Dakota, Nebraska, Minnesota and Wisconsin. The Dakota Fluid Power organization provides hydraulic and pneumatic components and machinery along with service and repairs through its operations and subsidiaries Prairie Truck Equipment, Midway Machining, Engineered Products, Y2K Filtration, OEM Manufacturing and ASI Hydraulics. DFP is the region’s leading hydraulic expert in a variety of industries notably agriculture, on and off-highway construction, municipalities, utilities, waste, food processing, wind energy, mining and oil and gas. Lindemann and Nelson will continue to manage the DFP operation and expand the enterprise through acquisition and organic means.

SBP President and CEO Don Fritzinger said, “We are truly excited about teaming up with Rick and Mike at Dakota Fluid Power to enter the fluid power market. It is a large addressable market with tremendous opportunity for growth and there is no question we have the right team as a foundation.”

Rick Lindemann and Mike Nelson of Dakota Fluid Power are excited about the opportunity SBP Holdings provides to continue to grow the foundation they have built. “We feel strongly that we have teamed up with the right group to continue DFP’s tradition of “Commitment to Customer Success”. We look forward to the opportunity to expand our presence in the Fluid Power Industry. We are also eager to work with our fellow companies in the SBP group.

SBP Holdings provides mission-critical components, inspection and testing services, repairs and specialized rental activities throughout North America. More information can be provided by viewing www.sbpholdings.com, www.singerequities.com, www.lifting.com, www.dakotafluidpower.com.

SINGER EQUITIES ACQUIRES CONNECTALL LTD

Posted by Gabriele Barr on May 20, 2019 9:09:38 AM
SINGER EQUITIES ACQUIRES CONNECTALL LTD

Singer Equities, Inc. has acquired Connectall Ltd headquartered in Laval, QC Canada. The business was founded in 1994 and is owned by Frank D’Avola and Michel Bourque. Frank and Michel will remain with the business which will continue operating under the Connectall name.

Connectall is a fabricator and distributor of metal, hydraulic, Teflon, silicone and industrial hoses, as well as, expansion joints and fittings. Connectall serves multiple markets including transportation, HVAC, pharmaceutical, industrial and petrochemical through their Laval, QC and Plattsburgh, NY facilities.

“Frank, Michel and their 27 employees have built a profitable business by providing high-quality products and services to a diverse customer base”, stated Sam Petillo, President of Singer Equities. Adding, “They are a strong cultural fit within the Singer Equities group.” Michel Bourque said, “We are very proud and excited to be part of the Singer group of companies. We have been a successful company and now that we have new ownership, we are enthusiastically looking forward to the opportunities that await us.” Frank D’Avola added, “Singer’s approach to ownership drove our decision to join their family. The advantage of sharing best practices, improved buying power, and their strategic locations will speed our growth and expansion.”

Singer Equities, along with Bishop Lifting Products and Dakota Fluid Power, are wholly owned subsidiaries of SBP Holdings, headquartered in Houston, TX. Through its 76 locations provides industrial rubber, wire rope, rigging, fluid power 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.

SINGER EQUITIES ACQUIRES QUALITY CONVEYOR SOLUTIONS

Posted by Gabriele Barr on May 20, 2019 8:50:31 AM
SINGER EQUITIES ACQUIRES QUALITY CONVEYOR SOLUTIONS

February 1, 2019

Singer Equities, Inc. has acquired Quality Conveyor Solutions, LLC (QCS) headquartered in Roanoke, VA.  QCS provides conveyor belt, accessories and field services including installation and mobile maintenance out of their locations in Roanoke, Covington & Richmond, VA, Baltimore, MD, Rocky Mount, NC, and Kingsport, TN.  QCS serves multiple markets including aggregate, pulp and paper, power generation and cement. 

The business, founded in 2016, will continue operating under the QCS name.  Owners Aaron Atwell, Bill Bettridge, Junior Purdue, Doug Stanley and Geoff Emery will continue in their key management roles.  Aaron Atwell will be Vice President and General Manager of QCS and merge operations with Virginia Carolina Belting, a division of Singer Equities based in Salem, VA.  

Sam Petillo, President of Singer Equities, said “Aaron, Bill and their 37 employees have significantly grown the business in a short period of time.  We are excited to add their knowledge base and conveyor service experience to the Singer family.”  Aaron Atwell said “Unifying QCS and VCB, combined with Singer’s conveyor services out of RW Connection in Lancaster, PA will make us the strongest belt service company in the mid-Atlantic Region.”  Bill Bettridge, VP Mid-Atlantic Region added, “Singer provides us the right cultural fit and support to fuel our expansion in the region and beyond”.

Singer Equities, along with Bishop Lifting Products and Dakota Fluid Power, are wholly owned subsidiaries of SBP Holdings, headquartered in Houston, TX and through its 86 locations provides industrial rubber, wire rope, rigging, fluid power 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.

Hampton Rubber Company is Virginia’s prime source for providing complete fluid solutions. Established in 1961 and with over 3 million dollars of on-hand inventory, Hampton Rubber serves both commercial and military markets. Our vast amount of experience, quality products, and passion for excellence continue to set us apart from others. When it comes to complete fluid solutions, Hampton Rubber is your “Trusted Advisor”.

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