Sumitomo Forestry America, Inc., a comprehensive housing and wood products company, will create 129 jobs in Randolph County, North Carolina. The company will establish a manufacturing facility and invest $19.5 million in Archdale.
Sumitomo Forestry has accumulated technologies and expertise related to wood and wood products over its many years in business, and one of the company’s major lines of business is housing and construction. The company’s project in North Carolina will establish a component manufacturing and distribution facility to produce building materials, such as roof trusses, floor trusses, and wall panels used in residential housing and wooden commercial and multi-family buildings.
Another wholly owned subsidiary of Sumitomo Forestry America, Charlotte-based Crescent Communities, will help develop and build the new production facility.
Sumitomo Forestry America is a wholly owned subsidiary of Sumitomo Forestry Co., Ltd., a Nikkei-listed forestry company founded in 1691 and headquartered in Tokyo.
