{"id":68339,"date":"2019-07-29T12:55:56","date_gmt":"2019-07-29T04:55:56","guid":{"rendered":"http:\/\/facfox.com\/news\/aerospace\/sumitomo-makes-strategic-investment-in-sintavia.3dm"},"modified":"2019-07-29T12:55:56","modified_gmt":"2019-07-29T04:55:56","slug":"sumitomo-makes-strategic-investment-in-sintavia","status":"publish","type":"post","link":"https:\/\/facfox.com\/news\/sumitomo-makes-strategic-investment-in-sintavia\/","title":{"rendered":"Sumitomo makes strategic investment in Sintavia"},"content":{"rendered":"<div id=\"dpsp-content-top\" class=\"dpsp-content-wrapper dpsp-shape-rectangular dpsp-size-medium dpsp-has-spacing dpsp-has-buttons-count dpsp-show-on-mobile dpsp-button-style-1\">\n<ul class=\"dpsp-networks-btns-wrapper dpsp-networks-btns-content dpsp-networks-btns-share dpsp-column-auto\">\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<\/ul>\n<\/div>\n<p><span style=\"font-weight: 400;\">New York City\u2019s Sumitomo Corporation of Americas (SCOA), the largest subsidiary of Sumitomo Corporation, one of the internationally renowned traders of goods and services, has announced an investment in Sintavia, LLC, a Tier One metal additive manufacturer based in Davie, Florida.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Both companies jointly announced that the goal of the investment was to influence SCOA\u2019s network in the Aerospace and Oil &amp; Gas industries globally, while advancing Sintavia\u2019s declared growth plans around the world. Although the terms and conditions of the deal were not disclosed.<\/span><\/p>\n<p><b>Sumitomo Corporation of Americas<\/b><\/p>\n<p><span style=\"font-weight: 400;\">SCOA and Sumitomo Corporation together as an integrated business enterprise, has emerged as an organiser of multinational projects, international investor and financier, products distributor and running global communications via a network of offices worldwide.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In association with SCOA affiliated company, Presidio Ventures, an investment company headquartered in Silicon Valley for over 20 years, SCOA is broadening its portfolio by including latest technologies rising in traditional industries.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Kenichi Hyuga, SVP and General Manager of SCOA\u2019s Construction and Transportation Systems Group, stated, \u201cSCOA has spent decades building an enormous global network within several industries, including Aerospace and Oil &amp; Gas.\u201d<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">\u201cWe believe Sintavia\u2019s highly advanced technology will add immediate value to our current business relationships, and position us for even greater business opportunities in the future.\u201d<\/span><\/p>\n<\/blockquote>\n<figure id=\"attachment_140985\" style=\"width: 1554px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-140985 size-full\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/10\/IMG-5531.jpg\" alt=\"3D printed fuel splitter and cast part by Sintavia. Photo by Sintavia.\" width=\"1554\" height=\"777\" srcset=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/10\/IMG-5531.jpg 1554w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/10\/IMG-5531-1024x512.jpg 1024w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/10\/IMG-5531-770x385.jpg 770w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/10\/IMG-5531-200x100.jpg 200w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/10\/IMG-5531-500x250.jpg 500w\" sizes=\"(max-width: 1554px) 100vw, 1554px\" \/><figcaption class=\"wp-caption-text\">3D printed fuel splitter and cast part by Sintavia. Photo via Sintavia.<\/figcaption><\/figure>\n<p><b>Sintavia<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Sintavia is known for independent metal AM for critical industries, along with aerospace and defense, and oil and natural gas. It is capable to optimise parameters, successively manufacture and audit quality for the critical industries. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Brian R. Neff, Sintavia\u2019s Chairman and Chief Executive Officer, said, \u201cWith SCOA as a long\u2010term partner, we recognize that we are aligning ourselves with a global leader in multiple end markets that is committed to supporting our growth.\u201d<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">\u201cDemand for Sintavia\u2019s brand of quality AM production has boomed this year, and we recognize that in order to fully meet this demand over the coming years we will need to find a partner to help us manage growth. We believe we have found that partner in SCOA.\u201d<\/span><\/p>\n<\/blockquote>\n<figure id=\"attachment_140987\" style=\"width: 2048px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"wp-image-140987 size-full\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/10\/IMG-5533.jpg\" alt=\"TruPrint 3000 AM machine installed at Sintavia. Photo by Sintavia.\" width=\"2048\" height=\"1024\" srcset=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/10\/IMG-5533.jpg 2048w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/10\/IMG-5533-1024x512.jpg 1024w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/10\/IMG-5533-770x385.jpg 770w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/10\/IMG-5533-200x100.jpg 200w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/10\/IMG-5533-500x250.jpg 500w\" sizes=\"(max-width: 2048px) 100vw, 2048px\" \/><figcaption class=\"wp-caption-text\">TruPrint 3000 AM machine installed at Sintavia. Photo via Sintavia.<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Besides supporting Sintavia\u2019s advancement and profound key end markets, the partnership is likely to produce furthermore synergistic benefits. Sumitomo group companies are expected to develop solutions and strategic partners in the Aerospace industry, in order to optimize products by leveraging AM technology.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Howco, Sumitomo owned subsidiary, is an integrated supply chain partner for the global Oil &amp; Gas industry. It offers steel alloys, turnkey machined and assembled components, along with upstream segments of the Oil &amp; Gas sector. Howco, will now seek industry\u2010specific business development opportunities together with Sintavia.<\/span><\/p>\n<p><em>For all of the latest 3D printing business news subscribe to the <a href=\"\/service\/3d-printing\"> Industry newsletter<\/a>, find us on <a href=\"https:\/\/www.facebook.com\/3dPrintingIndustry\/\">Facebook<\/a> and like us on <a href=\"https:\/\/twitter.com\/3dprintindustry\">Twitter<\/a>. <\/em><\/p>\n<p><em>Looking for jobs in engineering? Search open opportunities and apply with <a href=\"\/service\/3d-printing\"> Jobs<\/a>. You can also make a profile to <a href=\"https:\/\/jobs.3dprintingindustry.com\/products\">advertise your latest vacancies<\/a>.<\/em><\/p>\n<p><em>Featured image shows 3D printed component by Sintavia. Photo via Sintavia.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York City\u2019s Sumitomo Corporation of Americas (SCOA), the largest subsidiary of Sumitomo Corporation, one of the internationally renowned traders of goods and services, has announced an investment in Sintavia, LLC, a Tier One metal additive manufacturer based in Davie, Florida. Both companies jointly announced that the goal of the investment was to influence SCOA\u2019s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":182478,"comment_status":"open","ping_status":"close","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"fifu_image_url":"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/10\/IMG-5531.jpg","fifu_image_alt":"","footnotes":""},"categories":[53],"tags":[169,170,64,173,158],"class_list":["post-68339","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aerospace","tag-3dprint","tag-3dprinting","tag-aerospace","tag-business","tag-space"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Sumitomo makes strategic investment in Sintavia - 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