# 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.

- Type: Partnership
- Announced: 2017-03-29
- Where: Pindamonhangaba, Sao Paulo, Brazil
- Status: completed
- Capacity: 50,000 tons per year
- Products: forged parts for wind power generation
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Gerdau Summit Aços Fundidos e Forjados S.A.](https://endata.com/companies/23158.md)
- [The Japan Steel Works](https://endata.com/companies/6204.md) (partner)
- [Sumitomo Corporation](https://endata.com/companies/6281.md) (partner)
- [Gerdau](https://endata.com/companies/16353.md) (partner)

## Sources

- [sumitomocorp.com](https://www.sumitomocorp.com/en/asia-oceania/news/release/2017/group/20170329), 2017-03-29: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
