Recent News

New York, NY – January 13, 2019 – Sumitomo Corporation of Americas (“SCOA”) announced today its investment in Elementum 3D, Inc. (“Elementum” or “the Company”), an additive manufacturing research and development company that specializes in the creation of advanced metals, composites and ceramics. Elementum holds a patent for a metal powder blended with ceramics that enables […]

SCOA announced today their purchase of the Collier Center, a 2.8 acre commercial complex located in downtown Phoenix, Arizona. read more

SC and SCOA announced today their investment in LO3 Energy, Inc. (“LO3 Energy”), a U.S.-based developer and operator of blockchain-powered peer-to-peer (P2P) energy platforms. This funding will support LO3 Energy’s commercialization of blockchain-based community microgrids. read more…

SCOA and SC are pleased to announce a groundbreaking partnership between one of the company’s most recent investments, Built Robotics, and SCOA group company Sunstate Equipment Co. (“Sunstate”). This partnership is the first of its kind within the construction industry and will provide autonomous construction equipment for rent to contractors around the nation. Read more…

Sumitomo Corporation announced today its alliance with Bell, a Fort Worth, Texas-based company known as the premier provider of vertical lift aircraft and one of the leading companies in the up-and-coming air mobility industry. Read more…

Minneapolis, Minnesota – February 6, 2019 – Sumitomo Corporation of Americas (SCOA) announced today their purchase of SPS Tower, a 31-story LEED certified office building in the heart of Minneapolis’ commercial business district (CBD). The building boasts an 84% occupancy level throughout its 655,070 square feet of rentable space. Anchored by major tenants SPS Commerce,

Sumitomo Corporation of Americas  is pleased to announce the sale of its Turquoise Nevada solar project in northern Nevada to Greenbacker Renewable Energy Company LLC. The 60.65-megawatt (DC) Turquoise Nevada project will sell power through a Power Purchase Agreement (PPA) with NV Energy through the state’s GreenEnergy Rider program. read more

Sumitomo Corporation of Americas (“SCOA”) today announced it has joined the Blockchain in Transport Alliance, an organization dedicated to determining best practices and standards for Blockchain in the transportation and logistics industries. Read more

SCOA announced today that it made a minority investment in Sintavia, LLC, a leading Tier One metal additive manufacturer based in Davie, FL.   Click here to read more

Under the Heads of Agreement, SCOA has agreed to negotiate for a 20-year liquefaction tolling agreement (TLA).  Click here to read more