Oil & Gas
In the OCTG area, SCOA is responding to the need for strong relationships between customers and vendors...
Infrastructure
We partner in the successful development and operation of large infrastructure projects, from power generation...
Lifestyle and Consumer
Through partnerships and subsidiaries, we have helped provide lifestyle...
Natural Resources
We play a key role in the responsible development of natural resources and the production and protection...
New York, NY - April 16, 2018 - Sumitomo Corporation of Americas (SCOA) announced today its investment in Turo, Inc. (Turo), an online car sharing marketplace headquartered in San Francisco, as part of their Series D round of funding. The strategic partnership and investment will not only provide the additional capital necessary to grow Turo, but SCOA will provide market insights for Turo’s eventual Japanese and APAC expansion.
Miami, Florida, U.S. - On Tuesday, April 10th, approximately 100 of Miami’s top community leaders gathered on the 11th floor of Miami Tower to be among the first to experience the stunning new $1.8 million, 13,000 square-foot Sky Lounge designed by New York-based Koko Architecture + Design.
New York, NY – March 9, 2018 – Infrastructure Investor’s 9th Annual Global Awards recently honored Sumitomo Corporation and Brookfield Business Partners for “Deal of the Year, Latin America” regarding the sale of Odebrecht Ambiental, Brazil’s largest water distribution and treatment company..
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New York, NY – January 5, 2018 – Sumitomo Corporation of Americas ("SCOA") announced today its investment in ActivScaler Inc., a startup that develops Managed MaaS (Mobility-as-a-Service) systems powered by artificial intelligence, alongside DENSO, a leading global automotive components manufacturer, as well as other strategic investors.
For additional information on the JV, visit www.drivingmobilityforward.com
New York, NY – Dec. 12, 2017 – Sumitomo Corporation of Americas (“SCOA”) and Rivian jointly announce that SCOA has made a strategic investment in Rivian.
Sumitomo Corporation of Americas ("SCOA") and Sumitomo Corporation (together "Sumitomo Corporation Group"), an integrated global trading and investment enterprise, is pleased to announce its investment in TruTag Techn...
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New York, NY – October 3, 2017 - Sumitomo Corporation of Americas ("SCOA") is pleased to announce its recent investment in Hyliion, the instant Class 8 vehicle hybridizing company, alongside Axioma Ventures. This financing will be used to fund Hyliion's production, product line expansion, and for further investiment in its proprietary technology platform.
Tokyo, Japan – September 4, 2017 - Sumitomo Corporation (Head Office: Chuo-ku, Tokyo; President & CEO: Kuniharu Nakamura) hereby announces that it and Sumitomo Corporation of Americas will provide monetary donation to the amount of 150,000 US dollars toward relief efforts for the areas affected by Hurricane Harvey which struck the southern United States.
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New York, NY – August 31st, 2017 – Sumitomo Corporation of Americas (“SCOA”) together with Sumitomo Corporation announced today its plan to underwrite a $2.5 Million third-party allocation of new units for an undisclosed ownership stake in VeriTread, a Florida-based start-up company operating an online marketplace for construction equipment transportation.s.
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New York, NY – August 10, 2017 – Sumitomo Corporation of Americas together with Sumitomo Corporation announced today that they made several US million dollars investment in Transfix, Inc, a leading provider of on-demand trucking in the $725 billon US trucking logisitcs market. ...
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New York, NY – March 16, 2017 – Sumitomo Corporation (“Sumitomo”) together with Sumitomo Corporation of Americas (“SCOA”) announced today their plans to open a new SCOA office in Silicon Valley, effective April 1st.
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SCOA and Mars Inc. are working together. Read more about these reneawble energy efforts.
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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 district.
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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 agreement with Greenbrier Rail Services (“GRS”), the railcar wheel and axle maintenance
unit of The Greenbrier Companies, a leading supplier of transportation equipment and services to the
railroad industry.
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Sumitomo Corporation of Americas
Strategic investments have transformed Sumitomo Corporation of Americas (SCOA) from a traditional trading company into a 21st century integrated business enterprise.
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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.
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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.
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