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Sumitomo Corporation of Americas joins BiTA; Aims at Using Blockchain Technology to Supercharge Current Portfolio

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

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Built Robotics and Sunstate Equipment Announce Partnership to Provide Autonomous Equipment Rentals

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…

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Sumitomo Corporation of Americas Purchases SPS Tower in Downtown Minneapolis

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,

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Sumitomo Corporation of Americas Invests in Elementum 3D, Inc.; Furthers Reach into Additive Manufacturing

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

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