Loos & Co. Acquire Sheaves, Inc.
Product Lines Will Remain; Operations Have Moved to Naples, Fla.
Loos & Co., Inc. Cableware Division, located in Naples, Fla., has announced the purchase of Sheaves, Inc., a leading manufacturer and distributer of pulleys and sheaves to the wire and wire rope industry. With the completion of the asset purchase transaction at the end of December, 2019, Loos & Co., Inc. Cableware Division has broadened the solutions it can provide to customers.
The acquisition of Sheaves, Inc. unifies three brands known in the wire and wire rope industry under the Loos & Co., Inc. product umbrella. All products from QSheaves (www.qsheaves.com), long known for quick delivery on customizable lifting sheaves, Process Sheaves (www.processsheaves.com), industry source for pulleys used in wire and cable manufacturing, and ESheaves (www.esheaves.com), the source for both stock and custom metal/plastic sheaves, are now available through the Loos & Co., Inc. Cableware Division.
“Bringing the product lines of Sheaves, Inc. on board with the cable and rope hardware we offer lets us offer more product to our existing customers, and better serve the markets we currently call on,” says Loos & Co, Inc. Director of Sales & Marketing Gerald Smolenski. “The products have a long history of performance and Sheaves Inc has always focused on service and delivery to offer value. We feel that fits with Loos & Co., Inc. very well.”
Sheaves, Inc. has been an established industry name for over 15 years, sourcing, manufacturing, and stocking custom engineered wire rope sheaves that meet the specific needs of industry applications. They also supply a large inventory of stock sheaves to meet your immediate needs.
Operations will continue under the brand names established by Sheaves, Inc. and through the existing websites for the foreseeable future. Sales, customer service, and manufacturing operations have been moved to the Naples, FL location and shipments will be fulfilled from there.
To learn more about Loos & Co., visit www.loosco.com.
