What are coil tippers?

Coil tippers are specialized machines used in the industrial sector to safely and efficiently rotate steel, aluminum, or other material coils from a horizontal to vertical position or vice versa. This equipment is essential for handling heavy coils, which can weigh several tons.

How do coil tippers contribute to safety in industrial workplaces?

Coil tippers enhance workplace safety by minimizing the need for manual handling of heavy coils, reducing the risk of injury to workers. They provide a controlled and stable method for rotating coils, thus preventing accidents associated with moving such large items.

What are the common types of coil tippers used in the United States and Mexico?

The most commonly used coil tippers include upenders, which tilt coils between 90 degrees positions; downenders, which work oppositely; C-hook type lifters that pick up and tip the coil; and V-shaped cradle devices designed for secure positioning during tipping.

Are there any specific regulations or standards governing the use of coil tippers in the USA and Mexico?

In the USA, OSHA (Occupational Safety and Health Administration) provides guidelines on machinery safety that would apply to coil tippers. Similarly, Mexico has its own regulations under NOM (Norma Oficial Mexicana), ensuring equipment like coil tippers meet safety standards. Both countries emphasize proper maintenance, operation training, and safety procedures.

What considerations must be taken into account when selecting a coil tipper for an engineering project in these regions?

When selecting a coil tipper in the US or Mexico, consider factors such as load capacity matching your needs; compatibility with existing workspace dimensions and layout; ease of operation; reliability and durability of construction; compliance with local safety regulations; availability of after-sales support and parts within these regions; as well as energy efficiency if electric-powered units are being considered.

What are coil tippers?

Coil tippers are specialized machines used in the industrial sector to safely and efficiently rotate steel, aluminum, or other material coils from a horizontal to vertical position or vice versa. This equipment is essential for handling heavy coils, which can weigh several tons.

How do coil tippers contribute to safety in industrial workplaces?

Coil tippers enhance workplace safety by minimizing the need for manual handling of heavy coils, reducing the risk of injury to workers. They provide a controlled and stable method for rotating coils, thus preventing accidents associated with moving such large items.

What are the common types of coil tippers used in the United States and Mexico?

The most commonly used coil tippers include upenders, which tilt coils between 90 degrees positions; downenders, which work oppositely; C-hook type lifters that pick up and tip the coil; and V-shaped cradle devices designed for secure positioning during tipping.

Are there any specific regulations or standards governing the use of coil tippers in the USA and Mexico?

In the USA, OSHA (Occupational Safety and Health Administration) provides guidelines on machinery safety that would apply to coil tippers. Similarly, Mexico has its own regulations under NOM (Norma Oficial Mexicana), ensuring equipment like coil tippers meet safety standards. Both countries emphasize proper maintenance, operation training, and safety procedures.

What considerations must be taken into account when selecting a coil tipper for an engineering project in these regions?

When selecting a coil tipper in the US or Mexico, consider factors such as load capacity matching your needs; compatibility with existing workspace dimensions and layout; ease of operation; reliability and durability of construction; compliance with local safety regulations; availability of after-sales support and parts within these regions; as well as energy efficiency if electric-powered units are being considered.

What are coil tippers?

Coil tippers are specialized machines used in the industrial sector to safely and efficiently rotate steel, aluminum, or other material coils from a horizontal to vertical position or vice versa. This equipment is essential for handling heavy coils, which can weigh several tons.

How do coil tippers contribute to safety in industrial workplaces?

Coil tippers enhance workplace safety by minimizing the need for manual handling of heavy coils, reducing the risk of injury to workers. They provide a controlled and stable method for rotating coils, thus preventing accidents associated with moving such large items.

What are the common types of coil tippers used in the United States and Mexico?

The most commonly used coil tippers include upenders, which tilt coils between 90 degrees positions; downenders, which work oppositely; C-hook type lifters that pick up and tip the coil; and V-shaped cradle devices designed for secure positioning during tipping.

Are there any specific regulations or standards governing the use of coil tippers in the USA and Mexico?

In the USA, OSHA (Occupational Safety and Health Administration) provides guidelines on machinery safety that would apply to coil tippers. Similarly, Mexico has its own regulations under NOM (Norma Oficial Mexicana), ensuring equipment like coil tippers meet safety standards. Both countries emphasize proper maintenance, operation training, and safety procedures.

What considerations must be taken into account when selecting a coil tipper for an engineering project in these regions?

When selecting a coil tipper in the US or Mexico, consider factors such as load capacity matching your needs; compatibility with existing workspace dimensions and layout; ease of operation; reliability and durability of construction; compliance with local safety regulations; availability of after-sales support and parts within these regions; as well as energy efficiency if electric-powered units are being considered.

Sole Source Capital Portfolio Company Peak Technologies Acquires North Coast Technical

DALLAS, August 24, 2023 – Sole Source Capital LLC, an industrial-focused private equity firm, today announced that its portfolio company, Peak Technologies, the leading solution provider in the Automatic Identification and Data Capture (“AIDC”) market, has acquired North Coast Technical. North Coast, based in Chesterland, Ohio, and founded in 2003, is a leading provider of machine vision hardware and image processing software for Fortune 500 companies along with small and medium-sized businesses. North Coast will add expanded machine vision capabilities to the Peak Technologies portfolio, which have a variety of technical applications allowing customers to streamline operations, track products, and automate sorting processes. Peak Technologies has grown significantly since being acquired by Sole Source Capital in 2021.

North Coast Technical is focused on designing and integrating machine vision hardware and image processing software, including smart cameras, 3D sensors, scanners, LED lighting, frame grabbers and artificial intelligence products and solutions. Some of North Coast’s advanced capabilities include image processing and analysis, machine and robotic guidance, ID mark reading and verification, visual inspection and measurement, as well as 3D data capture and analysis. Founder and CEO, Dave Sexton, will remain in his current role.

“North Coast’s vision capabilities strengthen the Peak Technologies portfolio, which is focused on machine vision and AI. The vision technology provided by North Coast remains a highly attractive strategic solution across a wide range of industries used to improve quality control and traceability, meet compliance requirements, and reduce costs through improved efficiency,” said Tony Rivers, CEO of PEAK Technologies.

“The North Coast team and I look forward to collaborating with our new colleagues at Peak and helping strengthen and grow Peak’s leadership position in machine vision and AI,” said Mr. Sexton.

About Sole Source Capital:

Founded in 2016 by David Fredston, Sole Source Capital is a private equity firm that thematically invests in fragmented, high-growth industrial subsectors. Sole Source seeks founder-owned businesses or corporate carve-outs that will benefit from the team’s operating and M&A capabilities. The Firm has a strong operating heritage that enables it to execute a buy-and-build strategy with significant downside protection. The Firm is headquartered in Dallas, Texas with offices in Santa Monica, California. For more information, please visit www.solesourcecapital.com or contact investor.relations@solesourcecapital.com.

About Peak Technologies:

Headquartered in Littleton, MA, Peak Technologies is a leading system integrator of digital supply chain, retail and mobile workforce solutions. With over 35 years of supply chain, field mobility and retail services expertise, Peak Technologies has an insider’s perspective of the market; its origins, participants, and dynamic forces of change. With extensive application experience across industry segments, Peak Technologies is able to provide objective consultancy on business processes, software, hardware, as well as turn-key solutions for equipment repair, life cycle support, technology, vertical/application and business services. For more information, please visit www.peaktech.com.

About North Coast Technical:

Headquartered in Chesterland, Ohio, North Coast Technical is focused on designing and integrating machine vision hardware and image processing software, including smart cameras, 3D sensors, scanners, vision equipment, LED lighting, frame grabbers and artificial intelligence products and solutions.

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