Ropes

Global Steel Wire Rope & Plastic Rope Markets, 2021-2026: Marine & Fishing, Sports & Leisure, Oil & Gas, Industrial & Crane - ResearchAndMarkets.com

Retrieved on: 
Tuesday, June 1, 2021

However, global pandemic disease COVID-19 has disrupted the operations of various end-use applications which has decreased the demand for steel wire rope & plastic rope in 2020.

Key Points: 
  • However, global pandemic disease COVID-19 has disrupted the operations of various end-use applications which has decreased the demand for steel wire rope & plastic rope in 2020.
  • APAC is projected to register the highest CAGR in terms of value in the global steel wire rope & plastic rope market during the forecast period.
  • The steel wire rope market in APAC is driven by the increasing consumption in the industrial & crane, mining, and construction sectors.
  • The recovery in the end-use applications with restoration in the supply chain would drive the steel wire ropes & plastic ropes demand during the forecast period.

InventHelp Inventor Develops Electrical Wire Hood to Enhance Safety (SOG-519)

Retrieved on: 
Monday, April 26, 2021

My design provides added protection when working with unconnected or exposed wire ends and the clamping design makes it unique.

Key Points: 
  • My design provides added protection when working with unconnected or exposed wire ends and the clamping design makes it unique.
  • "\nThe invention provides a safer and easier way to protect exposed wire ends.
  • In doing so, it protects workers and electrical equipment from harm associated with exposed wire ends.
  • As a result, it helps to prevent electrical accidents and injuries and it can be easily removed when needed for wire testing or connection.

Houston Wire & Cable Company Completes Sale of Southwest Wire Rope Division

Retrieved on: 
Monday, March 15, 2021

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.

Key Points: 
  • 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.
  • 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.
  • 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.
  • 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.

Three Wire Systems, LLC Adds Vice President to Technology Division

Retrieved on: 
Friday, January 15, 2021

FALLS CHURCH, Va., Jan. 14, 2021 /PRNewswire-PRWeb/ -- Three Wire Systems is pleased to announce the addition of Simone Feldman as Vice President of the company's Technology Business Division.

Key Points: 
  • FALLS CHURCH, Va., Jan. 14, 2021 /PRNewswire-PRWeb/ -- Three Wire Systems is pleased to announce the addition of Simone Feldman as Vice President of the company's Technology Business Division.
  • Prior to joining Three Wire, Feldman was the VP of Strategic Sales and Capture at Force 3, driving successful growth and strategy across all silos of the federal government.
  • Feldman has also served as the Executive Vice President of Mercom, Inc. supporting strategic growth within federal IT markets and managing OEM relationships.
  • Founded in 2006, Three Wire Systems, LLC (Three Wire) is the trusted source for government agencies and military organizations looking to modernize with innovative and efficient technology solutions.

Houston Wire & Cable Company to Sell Southwest Wire Rope Division, Use Proceeds to Reduce Revolver Debt

Retrieved on: 
Wednesday, January 13, 2021

HWCC expects to use the net sales proceeds and accounts receivable collections to further reduce Revolver debt.

Key Points: 
  • HWCC expects to use the net sales proceeds and accounts receivable collections to further reduce Revolver debt.
  • 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.
  • 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.

Houston Wire & Cable Company Completes Sale of Southern Wire Division and Achieves Debt Reduction Goal

Retrieved on: 
Wednesday, January 6, 2021

HOUSTON, Jan. 06, 2021 (GLOBE NEWSWIRE) -- Houston Wire & Cable Company (Nasdaq: HWCC) today announced that it completed the sale of its Southern Wire business, a leading wholesale distributor of wire rope and rigging products, to Southern Rigging Companies.

Key Points: 
  • HOUSTON, Jan. 06, 2021 (GLOBE NEWSWIRE) -- Houston Wire & Cable Company (Nasdaq: HWCC) today announced that it completed the sale of its Southern Wire business, a leading wholesale distributor of wire rope and rigging products, to Southern Rigging Companies.
  • The Revolver debt reflects proceeds from the sale of the Southern Wire division at December 31, 2020 of $18.1 million.
  • Excluding the Southern Wire proceeds, Revolver debt at year-end would have been $40.7 million.
  • The Company achieved its Revolver debt goal and believes the substantial debt reduction of $66.4 million lessens financial risk without any deterioration of its ability to provide excellent customer service.

InventHelp Inventor Develops Improved Tool for Cutting Wire (MTN-3558)

Retrieved on: 
Monday, December 28, 2020

My design enhances safety and it saves time and effort when cutting wire."

Key Points: 
  • My design enhances safety and it saves time and effort when cutting wire."
  • The invention provides an effective way to cut wire or conduit.
  • In doing so, it offers an improved alternative to manual wire cutting tools.
  • As a result, it increases safety and efficiency and it prevents hand fatigue associated with using tools with hand cranks.

Houston Wire & Cable Company to Sell Southern Wire Division

Retrieved on: 
Wednesday, December 2, 2020

HOUSTON, Dec. 02, 2020 (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 Southern Wire business, a leading wholesale distributor of wire rope and rigging products, for a purchase price of $20 million, subject to a working capital adjustment.

Key Points: 
  • HOUSTON, Dec. 02, 2020 (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 Southern Wire business, a leading wholesale distributor of wire rope and rigging products, for a purchase price of $20 million, subject to a working capital adjustment.
  • James L. Pokluda III, HWCC President & CEO commented, Southern Wire is a company with outstanding leadership, team members and a proven track record of providing superior products, customer service and operational excellence for 48 years.
  • 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.
  • 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.

Worldwide Industry for Stranded Wire, Ropes and Cables to 2025 - Impact of COVID-19 on the Market - ResearchAndMarkets.com

Retrieved on: 
Friday, November 27, 2020

The "World - Stranded Wire, Ropes and Cables - Market Analysis, Forecast, Size, Trends and Insights.

Key Points: 
  • The "World - Stranded Wire, Ropes and Cables - Market Analysis, Forecast, Size, Trends and Insights.
  • Update: COVID-19 Impact" report has been added to ResearchAndMarkets.com's offering.
  • This report provides an in-depth analysis of the global stranded wire market.
  • Reasons to buy this report:
    This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

Ropes & Gray Names 16 New Partners

Retrieved on: 
Wednesday, October 28, 2020

NEW YORK, Oct. 28, 2020 /PRNewswire/ --Global law firm Ropes & Gray announced today that 16 attorneys have been named partners of the firm, effective November 1.

Key Points: 
  • NEW YORK, Oct. 28, 2020 /PRNewswire/ --Global law firm Ropes & Gray announced today that 16 attorneys have been named partners of the firm, effective November 1.
  • "These lawyers represent the very best of Ropes & Gray, and we are proud to welcome them as our newest partners," said David Djaha, the firm's managing partner.
  • They are trusted advisors who deliver cutting edge, commercial and strategic advice and the great results our clients expect from Ropes."
  • Ropes & Gray is a preeminent global law firm with approximately 1,400 lawyers and legal professionals serving clients in major centers of business, finance, technology and government.