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Recent News

Sumitomo Subsidiary Perennial Power Expands US Operation
New York, NY – September 14, 2016 – Sumitomo Corporation Group subsidiary Perennial Power Holdings  announced today that they are new participants in the operation of a natural gas‐fired power plant in New Jersey.

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SCOA Helps Mars Inc. Reach Its Environmental Goals 
 
SCOA and Mars Inc. are working together. Read more about these reneawble energy efforts. 
 
Sumitomo Corporation Group and US Hybrid Have High Hopes for Hydrogen-Powered Public Transit 
 
 New York, NY – August 12, 2016 – Sumitomo Corporation together with Sumitomo Corporation of Americas (collectively referred to as ”SC Group”) announced today their Strategic Collaboration Agreement with US Hybrid to support their desire to grow its fuel cell production business through the expansion of fuel cell stack production capacity for commercial production. SC Group will play an integral role in the project by coordinating the discussions with OEM’s through their extensive business network.
 
Sumitomo Corporation of Americas' Lawyer Named Finalist for Corporate Counsel Award
 
 
Houston, TX – August 10, 2016 – Sumitomo Corporation of Americas (SCOA) is pleased to announce that Gabe Jones of their Houston office has been named as a finalist for Houston Business Journal’s Best Corporate Counsel Awards, which will be celebrated on September 27th at the Hilton Americas Hotel.

 

May 25, 2016

Sumitomo Corporation of Americas Purchases Iconic Miami Tower

Miami, Florida – May 25, 2016 – Sumitomo Corporation of Americas (SCOA) announced today the close of their purchase of Miami Tower, a 47-story, 631,672-square-foot, trophy office building in Miami’s central business dis...
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April 05, 2016

Sumitomo Corporation Enters North American Railcar Axle Machining Business

New York, New York – April 5, 2016 – Sumitomo Corporation together with Sumitomo Corporation of Americas (collectively referred to as “the Sumitomo Corporation Group”) have entered into a 50/50 joint venture agree...
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January 26, 2016

Sumitomo Corporation Invests in Biomass Fuel Manufacturing Business in Brazil

NEW YORK, NY, January 26, 2016  – Sumitomo Corporation today signed a contract to acquire up to 20 percent of Cosan Biomassa S.A. ("Cosan Biomassa"), a subsidiary of the world’s largest sugar & ethanol comp...
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January 13, 2016

Sumitomo Corporation to Commence Operation of First Independent Large-Scale Battery Power Storage System

NEW YORK, NY, January 13, 2016 – SC and SCOA announced today they are to commence operation of their innovative battery power storage system, Willey Battery Utility, LLC, that they have been constructing in Hamilton County, Ohio si...
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September 01, 2015

Duke Energy Renewables Acquires Half Interest In Sumitomo’s Mesquite Creek Wind Project Serving Mars Inc.

CHARLOTTE, N.C., Sept. 1, 2015 – Duke Energy Renewables has acquired a 50-percent stake in Mesquite Creek Wind, a 211-megawatt (MW) wind power project near Lamesa, Texas, through its joint venture partnership with Sumitomo Corporat...
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April 27, 2015

Nippon Sharyo USA and Sumitomo Corporation of Americas Achieve One Thousand Passenger Rail Car Mark

ROCHELLE, ILLINOIS, April 27th, 2015—On March 17th, 2015, Sumitomo Corporation of Americas (SCOA) and Nippon Sharyo USA (Nippon Sharyo) celebrated contract fulfillment for manufacturing 1000 rail cars for public transit agency cust...
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April 01, 2015

Sumitomo Corporation Invests in Battery Energy Storage Project to Help Balance Electricity Grid Serving Northeastern U.S.

Sumitomo Corporation Invests in Battery Energy Storage Project to Help Balance Electricity Grid Serving Northeastern U.S. New York, NY – April, 2015 -- Sumitomo Corporation together with Sumitomo Corporation of Americas (collec...
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February 02, 2015

Sumitomo Corporation Acquires 65% Stake in Agro Amazonia Produtos Agropecuarios in Mato Grosso

New York, NY – February 2nd, 2015 -- Sumitomo Corporation (“Sumitomo”) and Agro Amazonia Produtos Agropecuários Ltda (“Agro Amazonia”) announced their agreement to have Sumitomo acquire a 65 percent s...
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January 26, 2015

Sumitomo Corporation and The Japan Steel Works Enter into Joint-Venture with Gerdau to Manufacture and Sell Wind Power Products

NEW YORK, NY, January 26, 2015  – Sumitomo Corporation (“Sumitomo”) together with The Japan Steel Works (“JSW”) announced today their partnership with Gerdau to manufacture and sell wind power generatio...
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November 10, 2014

Sumitomo and TouGas Oilfield Solutions announce Strategic Partnership and Investment

TouGas Oilfield Solutions announced today that SUMITOMO DEUTSCHLAND GMBH, a wholly owned subsidiary of its ultimate parent company Sumitomo Corporation, has finalized a strategic partnership and investment agreement with TouGas. &nbs...
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November 07, 2014

Howco Group Acquires CTL Engineering Ltd.

Glasgow, SCOTLAND – November 7, 2014 - Howco Group announced that it has completed the acquisition of Manchester, England based CTL Engineering Ltd. Howco primarily serves the oilfield services sector, with operations in the US, Sc...
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October 28, 2014

Satsumasendai City and Sumitomo Corporation Introduce Joint Project for Reused EV Battery Systems on Koshiki Islands in Japan

Tokyo, Japan - October 28, 2014 - Sumitomo Corporation and Satsumasendai City have agreed to carry out a joint project.   Read Article...
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May 01, 2014

Sumitomo Corporation Announces Financial Results for the Fiscal Year ended March 31, 2014

Tokyo, Japan - May 1, 2014 - Sumitomo Corporation announced its consolidated results for the fiscal year ended March 31, 2014, prepared on the basis of International Financial Reporting Standards (IFRS)...  Read Article...
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April 30, 2014

Sumitomo Corporation Expands Renewable Energy Portoflio as Sole Owner of Mesquite Creek Wind Farm in Texas

New York, New York, April 30, 2014  – Sumitomo Corporation of Americas (SCOA) and Sumitomo Corporation (SC) (collectively Sumitomo) have acquired the remaining shares of the Mesquite Creek Wind Farm..  Read Article...
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April 18, 2014

Sumitomo Corporation Acquires Trophy Class Office Building In Downtown Chicago

New York, New York, April 18, 2014  – Sumitomo Corporation of Americas (SCOA) announced today the acquisition of 203 North LaSalle, an office building in the heart of Chicago’s Central Loop District..  Read Arti...
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