Sumitomo Drive Technologies, a brand of Sumitomo Machinery Corporation of America, received the 2024 National Metalworking Reshoring Award. The award was given in recognition of Sumitomo Drive Technologies’ success in bringing manufacturing to the United States through foreign direct investment and to Mexico via nearshoring. The 2024 award was presented on Sept. 13, 2024, at IMTS – The International Manufacturing Technology Show at McCormick Place in Chicago by Harry Moser, founder and president of the Reshoring Initiative.
What started as a small workshop in Antwerp in 1923 has developed into a world-leading industrial gear unit manufacturer. For 100 years, Hansen Industrial Transmissions NV (HIT) has operated at the forefront of power transmission technology and shaped the industry with its industrial gearbox solutions. Since 2011, the company, headquartered at a state-of-the-art facility in Edegem with 260 employees, has been part of Sumitomo Drive Technologies. HIT supplies industrial gearboxes to a wide range of industries such as extraction material handling, energy, environment, and specialist applications in key industries.
The American Gear Manufacturers Association (AGMA) announced the changing of its board of directors at the 2022 AGMA Annual Meeting held March 31 through April 2 in Palm Beach Gardens, Florida.