Link-Belt Cranes President/CEO Melvin Porter has been named vice president of Link-Belt’s parent company, Sumitomo Heavy Industries (SHI), of Tokyo, Japan. Porter is currently the only officer from a US branch of SHI to bear this distinction.
“Being named to SHI’s leadership team says more about our company and our product than it does about me,” Porter said in a prepared statement. “I am extremely honored to take on this position and look forward to the continued development of not only our mobile crane strategy, but also the full set of offerings provided by Sumitomo Heavy Industries, Ltd.”
Porter is a 23-year veteran at Link-Belt Cranes, who joined the company in 1999 as Director, Financial Planning and Taxes. He was chief financial officer and vice president of finance from 2004 to 2017, before being promoted to president and chief executive officer in May 2017.
Founded in 1888, SHI became the sole owner of Link-Belt Cranes, based in Lexington, Kentucky, and to date has five primary subsidiaries in the United States representing plastics, construction equipment, cryogenics and power transmission components. In 2010, it acquired full ownership of LBX Co., manufacturers of Link-Belt excavators.
LBX promotes Reynolds
LBX has named Mike Reynolds vice president/chief financial officer.
“Mike’s extensive finance and operations experience in various industries, his leadership skills, track record and proven accomplishments within LBX make him well suited for the position,” said Eric Sauvage, President and CEO of LBX, in a press release.
Reynolds joined LBX in 2013 as Corporate Controller. In 2017, he became director of human resources and was promoted in 2020 to senior director of operations & administration. Reynolds held several key leadership positions during his career.