The Nidec Group to Build a Technical Center to Exhibit Its Full Lineup of Machine Tools to Offer Manufacturing Solutions as a Comprehensive Machine Tool Manufacturer under the “One Nidec” policy | Nidec

Press release - 16 October 2024 03:21

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company”) today announced that the Nidec Group has decided to construct a technical center to exhibit a comprehensive lineup of its machine tools on Nidec Machine Tool Corporation’s premises in the city of Ritto, Shiga Prefecture.

After the construction is finished in November 2025, this facility is expected to promote Nidec as a “comprehensive machine tool manufacturer,” and showcase lathes, machining centers, gear machine tools, laser beam machines, and many other major machine tools of the Nidec Group, while offering optimum manufachturing solutions based on our group’s excellent technologies and knowhow, including lathe turning, cutting, grinding, and metallic lamination forming.

Going forward, Nidec Group companies will build similar facilities overseas, and stay united under the “One Nidec” policy to be able to serve our customers the same way around the world.

Outline of the site to exhibit all of Nidec Group’s machine tools

Machining center (Nidec OKK Corporation);

Double-column five-face machining center, boring machine (Nidec Machine Tool Corporation, Pama Inc.);

Geared machine tool, 3D metal printer, laser beam machine, room-temperature wafer bonder, cutting tool, and precision position detector (Nidec Machine Tool Corporation); and

Nidec was established in Kyoto, Japan in 1973 by its Chairman Shigenobu Nagamori. In 1979, Nidec became the first company in the world to successfully commercialize a direct drive spindle motor for HDDs based on a brushless DC motor. Since then, the company has grown into a world-leading comprehensive motor manufacturer encompassing more than 300 subsidiaries employing over 100,000 people throughout the world and with annual sales exceeding $13B. Nidec's motors, drives, generators and related products are found in a diverse range of applications including computers, smartphones, home appliances, automobiles, manufacturing plants, robots and more.