Sumitomo Machinery Corporation of America (SMA) will invest $10 million to expand its manufacturing operation in the City of Chesapeake, VA. The company will add 100,000 square feet to its North American headquarters at the Cavalier Industrial Park, which is home to 220 employees overseeing 18 facilities spanning across the U.S., Canada, Mexico, and Central and South America. The project will retain 20 existing jobs and create 26 new jobs.
SMA is a subsidiary of Sumitomo Heavy Industries, one of the largest manufacturers of machinery in Japan and a global leader in power transmission knowledge and innovation. SMA has been a premier provider of gearmotors and gear reducers with customers across the U.S., Canada, and Latin America for over 50 years.
“Virginia offers many of the important benefits that a company looks for when deciding where to locate their business or whether to expand existing operations,” said James D. Solomon, President and CEO of Sumitomo Machinery Corporation of America. “…Close proximity to the Port of Virginia, access to a highly skilled workforce, business-friendly regulations and ongoing support from the City of Chesapeake have all contributed to our growth in the Commonwealth. 2018 marks the 30th Anniversary of SMA’s relocation to Virginia and we look forward to a bright future with this newly announced expansion.”
“It is exciting to start off the New Year with Sumitomo’s announcement to expand its growing advanced manufacturing operations, once again, in Chesapeake,” said Mayor Rick West, City of Chesapeake. “For 30 years, Sumitomo has called Chesapeake home and achieved significant milestones that have positively impacted their facilities, employees and our community at large. We are truly fortunate to have Sumitomo as a corporate citizen and look forward to celebrating their 30th Anniversary in 2018 while setting the stage for the next 30 years.”
Relocating or Expanding Your Business In Virginia
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