b'S T E E L : S T R E N G T H T H R O U G H I N T E G R I T Y A N D V I S I O NSteelSummit Holdings and Auto Industry LeadersLaunch Madison Metal Processing Plant in Rocket CityT his past summer, SCOA Subsidiary SteelSummit Holdings (SSH), Toyota Tsusho America, Inc. (TAI), and Southern Mobility Productslaunched an original joint venture, Madison Metal Processing (MMP), in Huntsville, Alabama. MMP will specialize in blanking and warehousingsteel products, including hot rolled steel, cold-rolled steel, and exposedand coated steel products. As an automotive-blanking steel processing center,this facility looks to process as much as 5,000 tons of steel per month for Mazda Toyota Manufacturing,U.S.A., Inc. (MTMUS). The name of MTMUSs debut auto production lines are Apollo and Discoveryto honor the space industry history of Huntsville, aka Rocket City.As large-scale automotive industry productionWith an investment nearing $40 million, the milestone operations shift their hubs to the southern states, it ispartnership harnesses over 100 years of capabilities important to maintain a strong partnership with TAIin the US steel and auto industries. MMP will bring for the smooth launch of a new automotive assemblyconsiderable expertise to the region, boost the local project in Alabama. MTMUS has a blended culture ofeconomy and help to advance metal processing capa-Toyota and Mazda and MMP needs to meet the bility in Northern Alabama.requirements from both automotive manufactures,Headquartered in Tennessee, SSH became a SCOA said Akihiko Shono, Senior Vice President and subsidiary in 1987 as Tennessee Metals Corporation.General Manager of SCOAs Steel and Non-ferrousAs a leading flat-rolled metals service provider, they sell Metal Group. a vast majority of high-quality metal and steel invento-SteelSummit is very excited to partner with South- ry to the Auto industry. With this strategic partnership, ern Mobility Products and Toyota Tsusho to formSSH aims to capture the increasing demand of the au-Huntsville MMP, said Todd Rollins, CEO and President oftomotive industry and enhance its blanking capability.SteelSummit Holdings. MMPs new state-of-the-artSumitomo Corporation Group has exclusively sup-ALABAMA blanking operation provides us with the opportunityplied flat roll products for Mazdas production plants to support Mazda and Toyotas new auto assemblyin Japan, China, Thailand and Mexico through our operation and expands SteelSummits existing presenceregional service centers for close to 40 years,in North Alabama. Mr. Shono said. Madison Metal Processing businessis a good addition and is quite unique for us. 8 visions Fall 2021'