SBP Holdings, Houston, Texas, distributor of industrial rubber, hose fittings, conveyor belting, wire rope, lifting devices and rigging products, announced the additions of Catawba Industrial Rubber and Coastal Hose & Rubber on Aug. 31, 2022.
Coastal Hose & Rubber will operate within the Singer Hose and Rubber division of SBP Holdings. The additions increased the footprint of SBP Holdings to 78 locations and 1,000 employees across North America. Catawba Industrial encompasses Catawba Industrial Rubber and Coastal Hose & Rubber. It was founded in 1963 and operates from two locations in North Carolina, Charlotte (Catawba Industrial Rubber) and Wilmington (Coastal Hose & Rubber).
“We are truly excited about teaming up with Skip, Pam and the team at Catawba Industrial to grow our presence in the Southeast,” said Craig Osborne, CEO of SBP Holdings. “Industrial hose and specialty gaskets continue to be a large addressable market with tremendous opportunity for growth.”