Hercules SLR to License Applied Fiber’s Advanced Rope Termination Solutions
Dartmouth, Nova Scotia 10/1/2024 – Hercules SLR, a leader in industrial lifting and rigging solutions, is proud to announce a strategic license partnership with Applied Fiber, the industry’s leading provider of socketed terminations for synthetic fiber rope systems.
Hercules plan to integrate Applied Fiber’s synthetic rope termination technology into its lifting and rigging solutions, broadening the offering of termination options for synthetic fiber ropes. With extensive experience as a rope assembly fabrication expert, Hercules is well-equipped to deliver custom-engineered solutions for a wide range of industrial applications, from construction and transportation to marine and offshore industries. This partnership furthers Hercules mission to provide best-in-class products that meet the highest safety and performance standards.
“As industries continue to seek safer and more efficient alternatives to steel, the demand for high-performance synthetic fiber solutions has grown significantly. Applied Fiber’s industrial processing platform takes fiber rope products to an entirely different level with a suite of new and advanced technologies. This a tremendous advancement opportunity and we are excited to one of the leaders during this transition,” (Chris Giannou , CEO of Hercules).
Expanding Possibilities with Synthetic Fiber Technology
Applied Fiber’s technology enables Hercules SLR to offer high-strength synthetic ropes with socketed terminations designed to maximize performance and reliability, even in the most demanding environments.
“We are thrilled to partner with Hercules SLR, whose strong presence across Canada, uniquely positions them to deliver innovative solutions to a very broad set of industries and applications. Together, we will advance the industrial rope and rigging markets,” (Richard Campbell, CEO of Applied Fiber).
About Hercules SLR
Hercules SLR is Canada’s premier provider of lifting, rigging, and material handling solutions. Headquartered in Dartmouth, Nova Scotia, and serving customers from coast to coast, Hercules SLR specializes in custom fabrication of rope assemblies and related equipment. With over 50 years of expertise and 16 branch locations across the country,
Hercules SLR delivers high-quality securing, lifting, and rigging products alongside custom engineering, fabrication, and safety solutions. Their national network of distribution centers ensures fast, reliable service to meet any material handling need, wherever it arises. With a relentless focus on safety, innovation, and customer success, Hercules SLR stands as a trusted partner for industries including construction, marine, and oil & gas.
About Applied Fiber
Applied Fiber is the most trusted company for terminated synthetic fiber systems worldwide. For over two decades, the company has been at the forefront of developing unparalleled product and manufacturing processes for terminating high-strength synthetic ropes and cables for applications found from deep sea to deep space. Applied Fiber is extending the reach of its advanced technology by licensing it to industry leaders for global fabrication and distribution.