Belt Power

Overview

Belt Power, LLC is a leading full-service distributor and fabricator specializing in lightweight conveyor system components. Founded in 1989, Belt Power is headquartered in Marietta, Georgia. It provides a wide array of products and services, including conveyor belts, equipment accessories, and rubber hose and gasket products. Belt Power serves a variety of industries, most prominently in food, packaging, industrial, and material handling sectors.

Recent Developments

  • September 2023: Belt Power expanded its market position by acquiring the U.S. assets of Mol Belting Systems and Avtech Industrial Products. This strategic move underscores Belt Power's commitment to broadening its market reach and enhancing its service capabilities, particularly within lightweight conveyor systems.
  • August 2022: Platte River Equity acquired Belt Power from Shorehill Capital, positioning it as an industry leader in industrial automation and strengthening its national presence.
  • 2022-2024: Belt Power has continued to grow its business aggressively through acquisitions, including Engineered Components Inc. in 2022, aiming to extend their service and product offerings. This expansion strategy has been crucial for their positioning in various sectors, including packaging and material handling.

Company Information

AttributeInformation
Founding Date1989
HeadquartersMarietta, Georgia, USA
Key InvestorsPlatte River Equity, Shorehill Capital
IndustryConveyor System Components, Industrial Services
Number of EmployeesOver 500

Early History

Belt Power was established in 1989 with the vision to become a leading distributor of conveyor belts and system components. From its inception, Belt Power focused on delivering quality products and reliable services. Over its formative years, the company built strong partnerships with top manufacturers, allowing it to expand its product lines and market presence. With a reputation for excellence in customer service and product reliability, Belt Power laid a solid foundation for future growth and strategic acquisitions.

Company Profile and Achievements

Belt Power operates a robust business model centered around distributing and fabricating conveyor components. Key achievements include:

  • Expansion through acquisition of multiple companies, enhancing its market footprint and service capabilities.
  • Establishment of a diverse product line catering to a wide range of industries including food production, warehousing, and heavy-duty industrial applications.
  • Recognition for high-quality service delivery, offering on-site installation, maintenance, and repair, which has positioned it as a trusted partner in automation and operational efficiency.
  • Notably, Belt Power provides industry-specific solutions that maximize uptime for mission-critical applications, underscoring its commitment to client success.

Current Operations and Market Position

Currently, Belt Power maintains a prominent position in the market as a major distributor of lightweight conveyor systems. With its strategic acquisitions, the company has fortified its market position, especially in the food and packaging industries, where trust and durability are paramount. Belt Power leverages its extensive product range and expertise to deliver innovative solutions tailored to specific customer needs. The company's national network of facilities ensures rapid service delivery and customer support, which reinforces its market leadership.

Conclusion

Belt Power continues to be a significant player in the conveyor system component industry. With its strong growth trajectory driven by strategic acquisitions and innovation, Belt Power is well-positioned to continue expanding its influence within the industrial market. The company's commitment to quality and customer service supports its strong reputation and is likely to ensure sustained growth and leadership in the coming years.

References

  1. Belt Power Corporate Website
  2. LinkedIn: Belt Power Expands
  3. Crunchbase: Belt Power Acquisitions
  4. PRNewswire: Platte River Equity Acquires Belt Power
  5. Rubber News: Belt Power Expansion
  6. PitchBook: Belt Power Overview