SBP Holdings Acquires Rubber & Hose Distributor in NC - Modern Distribution Management

Log In

SBP Holdings Acquires Rubber & Hose Distributor in NC

SBP has added Catawba Industrial Rubber Company and Coastal Hose & Rubber, which operate from Charlotte and Wilmington, North Carolina.

SBP Holdings — No. 36 on MDM’s 2022 Top Industrial Distributors list — announced Aug. 31 that it has acquired an industrial rubber and hose distributor that has two locations in North Carolina.

The company said that it has joined forces with Catawba Industrial Rubber Company, Inc. and Coastal Hose & Rubber, Inc. Both will operate within the Singer Hose and Rubber Division of Dallas, Texas-based SBP, which grows to approximately 78 locations and over 1,000 employees with the additions.

Catawba Industrial was established in 1963 and has been owned and operated by husband-and-wife team of Marvin (Skip) and Pam Bruce since 1999. It operates from Charlotte, North Carolina as Catawba Industrial Rubber and from Wilmington, North Carolina as Coastal Hose & Rubber.

SBP touts Catawba as “the region’s leading expert in industrial hose, specialty gasket and industrial belting and clearly understands and responds to the urgency of customers’ requirements.”

Catawba’s key markets it operates in include general industrial, construction, chemical and resale. The Bruce’s plan to retire within a year and will continue to manage the Catawba business during the transition. SBP noted that plans are in place to expand the Catawba enterprise through organic growth and cooperation with other SBP subsidiaries.

“We have been proud to serve the Carolinas for decades,” Skip Bruce said in an SBP news release. “We are extremely confident that this transition will benefit our employees as well as our customers by providing the same excellent sales and service while providing a stronger network and expanded offerings.”

“We are truly excited about teaming up with Skip, Pam and the Team at Catawba Industrial to grow our presence in the Southeast,” added SBP CEO Craig Osborne. “Industrial hose and specialty gaskets continue to be a large addressable market with tremendous opportunity for growth and there is no question we have a solid base and the ability to expand.”

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!


articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events



You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.