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Link-Belt Cranes is an American industrial company that develops and manufactures heavy construction equipment, specializing in telescopic and lattice boom cranes. [ 1 ] [ 2 ] Link-Belt is headquartered in Lexington, Kentucky , and is a subsidiary of the Japanese conglomerate , Sumitomo Heavy Industries .
Almost 50 years later, in 1934, the company incorporated as Sumitomo Machinery Co., Ltd. to manufacture machinery for the steel and transportation industries in support of that period of rapid economic growth. In 1969, Sumitomo Machinery Co., Ltd. merged with Uraga Heavy Industries Co., Ltd. to create Sumitomo Heavy Industries, Ltd.
Crawler cranes (models SCX550E, SCX700E и SCX1000A-3) - transferred to Hitachi Sumitomo Heavy Industries Construction Crane Co., Ltd.
By 1986, FMC still struggled recovering from the recession. As American deindustrialization continued, FMC turned to long-time Japanese partner Sumitomo Heavy Industries. In 1986, FMC and Sumitomo expanded their relationship by forming a joint venture (JV) named Link-Belt Construction Equipment Company. By the late 1990s, excavators had ...
In 2008 KRR sold MPM to Sumitomo Heavy Industries and is known today as Sumitomo (SHI) Demag. [10] In 2019 Terex decided to sell the Mobile Cranes division to the Japan based Tadano and it became the Tadano Demag Gmbh. In 2020 Tadano Demag Gmbh filed for insolvency. [11]
In 1995, Marine United was established jointly with Sumitomo Heavy Industries. In 2013, IHI Marine United was merged with Universal Shipbuilding Corporation owned by the steel company JFE Holdings in order to newly establish a larger firm, Japan Marine United Corporation (JMU), of which IHI remained a shareholder.
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