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Teresa Clayton

Bishop Lifting Has Completed the Acquisition of Woods Logging and Industrial Supply

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Houston, TX – February 1, 2019 — Bishop Lifting Products completed the acquisition of Woods Logging and Industrial Supply based out of Longview, Washington.   Since 1978, Woods Logging has specialized in servicing the logging, marine and construction industries with spooling services, rigging products, wire rope and hydraulic solutions.

“Today’s announcement is continued support of our company-wide goal of geographic and end market diversification,” said Harold King, President of Bishop Lifting.  He continued, “Woods Logging has a long history of professional sales and service within the area, making them a great addition to our team.”

Mick White, President of Woods Logging, states, “We’re excited to join the Bishop Lifting and SBP Holdings family of companies and its large national footprint of companies focused on rigging, rubber and fluid power products.”

This growth will allow Bishop Lifting to continue to expand its national footprint to the Pacific Northwest. From on-site inspections to rigging services and wire rope delivery to marine terminals, Woods Logging provides high performance wire rope for cranes, as well as, wire rope and chain slings for the Logging, Maritime and Construction industries.

Bishop Lifting Products, along with Singer Equities 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, www.lifting.com, www.singerequities.com, and www.dakotafluidpower.com

SBP Finalizes Acquisition of Dakota Fluid Power

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December 5, 2018-Houston, Texas — SBP Holdings completes acquisition of Dakota Fluid Power on December 3, 2018.  The Dakota Fluid Power operation forms the Fluid Power vertical for SBP Holdings in addition to Industrial Rubber vertical with Singer Equities and Rigging & Rental vertical with Bishop Lifting Products.

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 it 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 Holdings provides industrial rubber, wire rope, rigging, fluid power products and services to a broad range of industrial markets at 76 locations throughout North America.  More information can be provided by viewing www.sbpholdings.com, www.singerequities.com, www.lifting.com, www.dakotafluidpower.com.

 

SBP Holdings to Acquire Dakota Fluid Power

By | Press Releases

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 it 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.

Dakota Fluid Power will add 13 locations, 197 employees and 230,000 square feet of warehouse space to the company.