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In 1970, Sumitomo established a second head office in Tokyo and merged with Sogo Boeki Co., Ltd. Sumitomo adopted its current English name, Sumitomo Corporation, in 1978. [8] The company's transactional volume increased by a factor of ten from 1955 to 1965, and again by a factor of ten from 1965 to 1975.
SPS Tower (formerly known as the 333 South Seventh Street) is a 454.494-ft (139 m) tall skyscraper in Minneapolis, Minnesota. It was completed in 1987 and has 31 floors and 650,000 square feet (60,000 m 2). It is the 16th-tallest building in the city. It was originally a two-tower project, but only the east tower was built.
The old company headquarters still exist as the Soo Line Building. The current headquarters is Canadian Pacific Plaza. Northwestern Consolidated Milling Company produced Ceresota flour in Minneapolis from 1891 to 1953. Its Elevator A, and A and F mills are still standing and two of these structures are in use as office buildings.
Sumitomo Corporation* Integrated trading: Sumitomo Electric Bordnetze: Auto parts suppliers Sumitomo Electric Industries, Ltd.* Electronics and electric products Sumitomo Forestry Co., Ltd. Lumber and housing: Sumitomo Heavy Industries* Machinery, weaponry, and shipbuilding Sumitomo Life: Insurance: Nippon Steel* Steel: Sumitomo Metal Mining Co ...
In 2005, the company was purchased by Sumitomo Corporation of America (SCOA), one of Japan's major integrated trading and investment business enterprises. In 2018, Michelin North America and Sumitomo Corporation of Americas combined their respective North American tire distribution and related service operations in a 50–50 joint venture ...
SUMCO acquired Mitsubishi Polycrystalline Silicon America Corp and Semiconductor Polysilicon Business Of Mitsubishi from Mitsubishi Materials Corporation in May 2023. [12] [13] SUMCO is listed on the first section of the Tokyo Stock Exchange and is a constituent of the Nikkei 225 stock index. [14]
Sumitomo Electric Industries, Ltd. (住友電気工業株式会社, Sumitomo Denki Kōgyō) is a manufacturer of electric wire and optical fiber cables. Its headquarters are in Chūō-ku, Osaka, Japan. The company's shares are listed in the first section of the Tokyo, Nagoya Stock Exchanges, and the Fukuoka Stock Exchange.
In 2012, the company was acquired by the Japanese consortium of Sumitomo Mitsui Banking Corporation (SMBC), Sumitomo Mitsui Finance and Leasing Company Limited (SMFL) and Sumitomo Corporation for US$7.3 billion which was the largest ever global sale of an aircraft leasing business. The sale completed on 1 June 2012 and the business was renamed ...