Visions - Summer 2010 - 2
From the Editors
Dear Visions Readers:
S
umitomo Corporation lists integrated corporate strength as one of its core values, challenging all employees “to create no boundaries within the organization; always to act with a company-wide perspective.” Sumitomo Corporation of America invokes this big-picture thinking in its own day-to-day business, using the overall foundation and extensive network of companies to foster crossover business and embrace the type of opportunities that only a company with true integrated corporate strength can. In this issue of Visions, we explore that strength within our business groups, and examine areas where our solid relationships with customers can expand our reach, and consequently, increase our strength. For example, the recent purchase of Sunstate Equipment Rental will allow SCOA to expand its North American equipment rental operations and offer more rental options to businesses within the parent company. New ventures into shale gas exploration in Texas will help the future prospects of our Tubular Group and Perennial Power businesses grow, and recent Life Science Unit/Business Investment Group crossover business can provide a “one stop shop” for pharmaceutical customers, from financing for clinical trials through sales and marketing initiatives. Additionally, this issue spotlights two anniversary stories: the 25th anniversary of SC/SCOA’s rail supply relationship with Union Pacific and Nippon Steel, and the 25th anniversary of private tire marketer Treadways Corporation. Lastly, we check in with SCOA Foundation for an annual update on their charitable work and educational initiatives. We hope you’ll enjoy this very strong issue of Visions.
Sincerely, Visions Editors Sumitomo Corporation of America, Corporate Communications
Visions magazine is published quarterly by Sumitomo Corporation of America, a wholly-owned subsidiary of Sumitomo Corporation, one of the world’s leading traders and distributors of commodities, industrial goods and consumer goods. Besides its role as a trader, Sumitomo Corporation is an investor in a diverse range of businesses that positions the company in markets with long-term potential.
VISIONS STAFF
Stephen Pitalo, Managing Editor Stephen.Pitalo@sumitomocorp.com Jewelle Yamada, Executive Editor jewelle-k.yamada@sumitomocorp.com Vanessa Goldschneider, Associate Editor vanessa.goldschneider@sumitomocorp.com Patricia Holohan, Editorial Assistant patricia.holohan@sumitomocorp.com
Submissions and inquiries are welcome.
Printed on recycled paper.
www.sumitomocorp.com
2
v i s i o n s S u m m e r 2 0 1 0
Design/Production, Stanton Design Group stantondesigngroup@mac.com
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Visions - Summer 2010
Table of Contents for the Digital Edition of Visions - Summer 2010
Contents
Visions - Summer 2010
Sunstate Expands SCOA’s Equipment Rental Reach in North America
Establishing “One Stop Shop” To Bring Businesses Together
Gas Drilling Project Expands Energy Business Synergy
Treadways Celebrates 25 Years of Tire Business
Union Pacific, Nippon Steel and SC/SCOA celebrate their 25th Anniversary of Rail Supply Relationship
SCOA Foundation Continues to Give Back
Visions - Summer 2010 - Visions - Summer 2010
Visions - Summer 2010 - 2
Visions - Summer 2010 - Sunstate Expands SCOA’s Equipment Rental Reach in North America
Visions - Summer 2010 - 4
Visions - Summer 2010 - Establishing “One Stop Shop” To Bring Businesses Together
Visions - Summer 2010 - 6
Visions - Summer 2010 - Gas Drilling Project Expands Energy Business Synergy
Visions - Summer 2010 - 8
Visions - Summer 2010 - Treadways Celebrates 25 Years of Tire Business
Visions - Summer 2010 - 10
Visions - Summer 2010 - Union Pacific, Nippon Steel and SC/SCOA celebrate their 25th Anniversary of Rail Supply Relationship
Visions - Summer 2010 - SCOA Foundation Continues to Give Back
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