Sumitomo, JSW and Gerdau establish joint venture for wind power forged parts in Brazil

Sumitomo Corporation, The Japan Steel Works, and Gerdau S.A. established a joint venture, Gerdau Summit, to manufacture and sell forged parts for wind power generation in Pindamonhangaba, Brazil. The venture plans to invest R$280 million for an annual capacity of up to 50,000 tons.

“Gerdau Summit is planning to invest R$280 million in the acquisition of new production equipment to install annual production capacity of up to 50,000 tons.”sumitomocorp.com

• 1 source
• sumitomocorp.comEstablishment of Joint Venture to Manufacture and Sell Forged Parts for Wind Power Generation | Sumitomo Corporation in Asia OceaniaMar 29, 2017

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