News

February 17, 2017
Belt Power LLC Welcomes Chip Jones as Chief Financial Officer

We are pleased to announce that Terry “Chip” Jones has joined Belt Power LLC as the Company’s Chief Financial Officer, effective January 23, 2017. Chip is a seasoned executive with expertise in manufacturing, accounting, process improvement, financial operations and strategic planning. He will be responsible for the finance, accounting, credit, risk management, human resources and IT functions at Belt Power, and will report to CEO Rick McClure. Previously Chip was the Chief Financial Officer at Elite Storage Solutions, LLC and held various leadership positions in process improvement, finance and financial operations at Boral Industries and Fenner Dunlop Americas.

 

“Chip’s skills, experience and knowledge will help Belt Power grow and develop in the coming years.”
– Rick McClure, CEO, Belt Power

 

About Belt Power
Headquartered in Atlanta, Georgia, Belt Power is a full‐service distributor and fabricator of conveyor system components, including conveyor belts, equipment, accessories and rubber, hose and gasket products. They serve the conveyor maintenance, replacement and overhaul needs of over 1,000 current customers. Belt Power has a focus on the food processing market but has customers in a variety of process industries. For additional information, visit www.BeltPower.com.

 

Seeking Add-Ons
Belt Power is actively seeking to acquire and integrate businesses serving the lightweight belting market through distribution or value-added services. Please contact Rob Hogan or Rick McClure regarding add-on opportunities.

 

About Shorehill Capital
Shorehill Capital is a Chicago-based private equity firm with a passion for creating superior companies. For nearly 30 years, our partners have worked with business leaders to accelerate growth and improve operational performance across our portfolio. We are focused on making control equity investments in North American engineered industrial products, industrial services and value-added distribution companies with $3 – $15 million of EBITDA. For additional information, visit www.ShorehillCapital.com.

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