The manufacturer of power transmission and motion control products was recognized for its work in bringing manufacturing to the U.S. and Mexico.
CHICAGO—A prominent manufacturer of power transmission and motion control products, Sumitomo Drive Technologies, received the 2024 National Metalworking Reshoring Award in September at The International Manufacturing Technology Show (IMTS) in Chicago. The award was given in recognition of the company’s success in bringing manufacturing to the United States through foreign direct investment, and to Mexico via nearshoring, the company said in a release.
The award was presented by Harry Moser, founder and president of the Reshoring Initiative. It honors companies in North America that have successfully reshored the manufacturing of products, parts, or tooling made primarily through metal forming, fabricating, casting, machining, or additive manufacturing processes.
“Sumitomo Drive Technologies won the 2024 award because they brought work from offshore to both the United States and Mexico, invested a total of $22 million in their projects between 2010 and 2024, including purchases of machine tools from leading IMTS exhibitor companies, and thereby increased their annual revenue by $100 million over this time period,” Moser said in the release. “The Reshoring Award has helped accelerate reshoring from 11,000 manufacturing jobs per year in 2010 to 287,000 per year in 2023.”
Joe Gopi, director of manufacturing for Sumitomo Drive Technologies, received the award on behalf of the company.
“Winning the National Metalworking Reshoring Award is a tremendous honor and validation of our team’s dedication to our reshoring and nearshoring strategies,” Gopi said in the release. “This award reflects our commitment to customer satisfaction and building a strong, resilient supply chain. We are grateful for the support from our supplier-partners and the investment of our parent company, Sumitomo Heavy Industries.”
The National Metalworking Reshoring Award is made possible by the Reshoring Initiative, the Precision Metalforming Association (PMA), the Association for Manufacturing Technology (AMT), the National Tooling and Machining Association (NTMA), and the Fabricators and Manufacturers Association (FMA).
Sumitomo Drive Technologies is a brand of Sumitomo Machinery Corporation of America. As an industrial manufacturer of premium quality gearboxes, motors, and controls, the company operates two major facilities—its headquarters in Chesapeake, Virginia, and its Large Industrial Gear Unit Manufacturing and Assembly Facility in Verona.
“Our commitment to innovation, customer satisfaction, and comprehensive solutions makes us an industry leader in power transmission,” the company stated in the release.
Harry Moser is a 55-year manufacturing industry veteran and retired president of GF Machining Solutions. Moser founded the Reshoring Initiative to move lost jobs back to the United States. He was named to the Industry Week and Association for Manufacturing Excellence (AME) Halls of Fame for his efforts with the Reshoring Initiative.
Additional information on the Reshoring Initiative and its many sponsoring associations and companies is available at www.reshorenow.org.