Sumitomo Construction Co. Acquires LBX Co.

Sumitomo Construction Machinery Co. Ltd., a Japan-based manufacturer of hydraulic crawler excavators, has acquired full ownership of LBX Co., based in Kentucky.

LBX, originally formed as part of a global alliance between SCM and Case Corp., holds the manufacturing rights to SCM’s excavator products in North and Latin America. LBX has been marketing and selling Sumitomo excavators, forestry, material handling and demolition products under the Link-Belt excavator brand name since the company’s formation.

“This acquisition underscores SCM’s dedication to LBX and the Link-Belt excavator brand, and will contribute greatly to our success and expansion throughout North, South and Central America,” says Robert Harvell, CEO of LBX. “Over the years, our long-term relationship with SCM has been built on a solid foundation of providing superior product quality, innovative designs, and dedicated commitment to our dealer network and customers.”

“We believe that this acquisition will allow both LBX and SCM to achieve our common long-term global growth strategies,” says Kensuke Shimizu, president of Sumitomo Construction Machinery.