Visions - Summer 2011 - (Page 5)
SUBSIDIARY
Tri-Arrows Aluminum Emerges to Help SCOA Conquer Aluminum Business
Aluminum Suppliers Combine to Form New Subsidiary to Help SC and SCOA Provide Quality “Canstock” to the U.S. and Abroad
A
s core members of a Japanese consortium, Sumitomo Corporation of America (SCOA) and Sumitomo Corporation (SC) formally completed the acquisition of ARCO Aluminum, Inc. from BP Company North America Inc. on August 1st, 2011, and relaunched the company as Tri-Arrows Aluminum Inc. (TAA). TAA, headquartered in Louisville, Kentucky, is one of the leading U.S. suppliers concentrating on aluminum “canstock,” which is thin aluminum sheets, rolled into coils, for beverage and food container manufacturing. TAA owns a joint venture interest in the aluminum rolling mill in Logan County, which is one of the largest and the most competitive manufacturers of aluminum canstock in the world. SCOA and SC’s plan for this
new company involves increased sales and manufacturing in North America, the world’s largest canstock market, as well as embracing the worldwide possibilities for growth. “This is a new beginning for an established company,” said Patrick M. Franc, President and Chief Executive Officer of the new company. “Tri-Arrows Aluminum will continue to embody the values we have brought to our business partners every day for over the past 25 years. Our new name is forged in the Japanese 16th Century legend of Samurai Lord - Mori Montonari, who proved to his three sons that one arrow is easily broken, but three arrows grasped together are unbreakable. The imagery embodies the partnerships we enjoy today; we are stronger together. As people may refer to our company
Sumitomo
Corporatio n
of
America
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Table of Contents for the Digital Edition of Visions - Summer 2011
Visions - Summer 2011
Table of Contents
Meet SCOA’s New President and CEO Takashi Kano
Tri-Arrows Aluminum Inc. Emerges To Help SCOA Conquer Aluminum Business
SCOA Brings New DMU Rail Systems to California and Canada
New Pork Product Enjoys “Silky” Smooth Sales
Visions - Summer 2011
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