American Wire Rope & Sling Acquired
FORT WAYNE - Fort Wayne-based American Wire Rope & Sling is under new ownership. The company has been acquired by Bishop Lifting Products in Texas, though financial details of the deal were not disclosed.
AWRS manufactures a variety of products for the rigging industry, according to its website. The company employs nearly 40 in Fort Wayne, Indianapolis and Mishawaka.
"AWRS expands our geographic footprint into the upper Midwest area of the country," said Harold King, president of Bishop Lifting Products. "Moreover, the addition of AWRS enhances our existing capabilities by expanding our overhead crane manufacturing and service capabilities."
Bishop Lifting Products did not specify whether any jobs would be affected by the acquisition.