A Sumitomo Heavy Industries subsidiary, Link-Belt Construction Equipment manufactures various models of cranes, while fellow Sumitomo subsidiary LBX Company manufactures Link-Belt branded excavators and forestry and material handling equipment.
Read More (About Link-Belt)Operating as a subsidiary of Sumitomo Heavy Industries, Link-Belt Construction Equipment designs, manufactures, and sells various models of cranes, including rough terrain, truck terrain, all terrain, telescopic, lattice crawler, lattice truck, and telescopic crawler models. LBX Company, a standalone company that’s also a subsidiary of Sumitomo Heavy Industries, manufacturers Link-Belt-branded excavators and forestry and material handling equipment. Both subsidiaries are based in Lexington, Kentucky.
Link-Belt’s formation began in 1874 when Iowan farmer William Dana Ewart brainstormed a new design for chain belts for harvesters he believed would enable making repairs easier. In 1874, Ewart received a patent for a new design, and in 1880 and 1888, the Link-Belt Machinery Company and Link-Belt Engineering Company were formed, respectively. In 1939, Link-Belt Company bought Speeder Machinery Corporation, which resulted in the Link-Belt Speeder Corporation, a subsidiary of Link-Belt Company.
In 1967, after FMC Corporation and Link-Belt Company merged, Link-Belt Speeder was spun off to form the Construction Equipment Group. In 1986, FMC and Sumitomo cemented a decades-long partnership by forming Link-Belt Construction Equipment. In 1998, the company’s excavator products were spun off to create LBX Company, a joint-effort between Sumitomo Construction Machinery and Case.
*Monthly payment stated above assumes a secured commercial use loan transaction available for highly qualified commercial loan applicants. Actual loan payment amount and terms may vary. Consumer financing not available for consumers residing in Nevada. Additional state restrictions may apply. Equal opportunity lender. Click here for more state licenses and disclosures. NMLS ID: 1857954. VERMONT RESIDENTS: THIS IS A LOAN SOLICITATION ONLY. CurrencyFinance IS NOT THE LENDER. INFORMATION RECEIVED WILL BE SHARED WITH ONE OR MORE THIRD PARTIES IN CONNECTION WITH YOUR LOAN INQUIRY. THE LENDER MAY NOT BE SUBJECT TO ALL VERMONT LENDING LAWS. THE LENDER MAY BE SUBJECT TO FEDERAL LENDING LAWS. CALIFORNIA RESIDENTS: Financing provided or arranged by Express Tech-Financing, LLC dba Currency pursuant to California Finance Lender License #60DBO54873