Visions - Fall 2013 - (Page 3)

PART TWO OF A FOUR-PART SERIES ON OUR KEY INDUSTRIAL AREAS OF BUSINESS "Standing on the shoulders of giants" is an expression often used to explain how modern science and technology needed the established laws of chemistry and physics to become fully realized. This can also describe infrastructure, and how its framework must be solidly constructed and faithfully maintained so that others can literally build upon its foundations. In yet another way, the concrete business principles that our predecessors established has allowed Sumitomo Corporation in the Americas to build its solid reputation for excellence, with a foundation in integrity. The definition of infrastructure is the basic physical and organizational structures needed for the operation of a society or enterprise, or the services and facilities necessary for an economy to function; more generally, it is the set of interconnected elements that provide framework supporting an entire structure of development. From transportation systems to rail supply, from vehicle parts supply to complete car production, from renewable power to water treatment, from logistics to construction equipment, Sumitomo Corporation in the Americas contributes to the creation, maintenance, and improvement of infrastructure nationally, as well as worldwide. We look to celebrate that tradition by focusing on infrastructure in this second issue of a four-part series in Visions. The American Society of Civil Engineers estimates that just the U.S. alone needs $3.6 trillion in infrastructure investment by 2020, and SCOA has already found success within the construct of these business opportunities. The continuing efforts to modernize our nation's infrastructure involves building and improving rail transit systems, as well as creating smarter electrical grids that incorporate clean energy initiatives. By improving these systems, as well as others upon which we have come to depend, we can facilitate global synergy among our group companies for solutions, and that means success for everyone involved. In this issue, we show how our businesses establish and maintain infrastructure, which parallels our framework of business success. The Japanese proverb "sumeba miyako" means "you come to love wherever you live." Our drive and integrity allows us to keep imagining - and then building - the world we want to live in, thereby transforming it into the place we love. S u m i t o m o C o r p o r a t i o n o f A m e r i c a 3

Table of Contents for the Digital Edition of Visions - Fall 2013

Visions - Fall 2013
Contents
What is Infrastructure?
Interview with GM of Steel Group
Rail Supply Business
FOCUS: Union Pacific and Canadian National Ra
FOCUS: Arkansas Steel Associates
Structural Business
Interview with GM of Machinery & Power Business Group
Rail Systems Business
Automotive Business
FOCUS: New Mazda Plant
Aerospace Business
Renewable and Conventional Power Business
FOCUS: Desert Sunlight
Construction Equipment Business
Logistics Business
Corporate Social Responsibility - Clean Water Projects
The View from Washington

Visions - Fall 2013

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