Sumitomo Mitsui Financial Group to Expand North Carolina Operations

Dow Jones04-08

By Kosaku Narioka

Sumitomo Mitsui Financial Group plans to invest tens of millions of dollars to expand its operations in Charlotte, North Carolina.

North Carolina Gov. Josh Stein said Tuesday that the Japanese company would invest $50.5 million in Mecklenburg County, and that the expansion would create 2,000 jobs over the course of six years.

Write to Kosaku Narioka at kosaku.narioka@wsj.com

(END) Dow Jones Newswires

April 07, 2026 21:42 ET (01:42 GMT)

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