Spanco, Rigid Lifelines, Lug-All Acquired

Promise to Perform Industries Inc. has acquired all assets of Transol Corporation including Spanco Inc., Rigid Lifelines Inc., and Lug-All Corporation, manufacturers of overhead material handling systems, fall protection equipment, and manual cable and web strap come along ratchet winch hoists, respectively.

The acquisition was a management buyout, which will ensure maximum continuity to customers, employees, and vendors. The three shareholder managers, Jeff Brazwell, Arnie Galpin, and Shawn Trexler, have over 78 years of combined industry experience, 34 of which were at Spanco, Rigid Lifelines, and Lug-All.

The companies are manufacturers of overhead material handling systems, fall protection equipment, and manual cable and web strap come along ratchet winch hoists, respectively.

They are former vice president of sales, Jeff Brazwell; former vice president of engineering, Arnie Galpin; and former senior operations manager, Shawn Trexler.

“Spanco, Rigid Lifelines, and Lug-All are venerable companies with long traditions of quality and performance,” said Brazwell, president and CEO of Promise to Perform Industries. “We look forward to building on that success through a dedication to the fundamentals of what made these companies great.”

The owners of Promise to Perform Industries Inc. Left to right are Shawn Trexler, Jeff Brazwell, and Arnie Galpin. Shawn is the executive vice president of operations, Jeff is CEO / president, and Arnie is executive vice president of engineering.

The management buyout enhances the companies’ position in the overhead material handling, fall protection, and manual cable and web strap come along ratchet winch hoist markets by leveraging the direct knowledge and experience the new owners obtained in their previous roles, and using this knowledge to guide the companies into a new and exciting chapter.