Singer Equities buys Summers Rubber Co.
Singer Equities Inc. has acquired the operating assets of Summers Rubber Company based in Cleveland, Ohio.
Founded in 1949 and operating through eight locations in Ohio and Pennsylvania, Summers Rubber specializes in the fabrication of hydraulic, industrial, and metal hose assemblies, inspection, testing, and certification services. The business will operate as Singer’s eighth platform company and will continue to go to market under the “Summers Rubber” brand. Frank Tiernay will continue as Vice President/ General Manager, reporting to Don Fritzinger, president of Singer Equities.
“Mike has gathered an exceptionally talented group of individuals and we are extremely excited about the opportunity to carry on their legacy,” said Fritzinger. “This acquisition compliments our strategy and establishes a solid Singer footprint in the Ohio market.”
Added Mike Summers, “Three generations of Summers are proud to hand the reins to Singer to lead the next round of growth and service to our customers.”
INDUSTRIAL SUPPLY MAGAZINE
The May/June issue of Industrial Supply magazine features an in-depth cover story about GHX Industrial. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
