Nidec Machine Tool’s Chinese Subsidiary Makes Full-scale Launch of Its New Machine Tool Production Factory in Pinghu to Promptly Meet Chinese Market’s Demand for Cars, Robots, Etc.
Nidec Machine Tool Corporation (“Nidec Machine Tool” or the “Company”) today announced that the construction of a new factory that Nidec Machine Tool (Zhejiang) Corporation, a subsidiary of the Company, had been building in the city of Pinghu, Zhejiang Province, China, has been completed, and that the factory has launched its full-scale operation, on October 11. Constructed to establish a prompt