Nidec Kaipu signs $105M auto pump plant investment in Jiaxing, Zhejiang

Shanghai Jindu Investment signed an investment agreement with Jiaxing Development Zone for Nidec Kaipu's BTS project, a China production base and Asia-Pacific R&D centre for automotive electric pumps on a 60-mu site. The total investment is $105 million, with projected annual sales of at least RMB 1.2 billion by 2025.

“新项目作为该公司的中国区生产基地及亚太区研发中心，主要生产销售车用电子主水泵、辅助水泵、电子式变速箱油泵、机械式变速箱油泵等产品。”jdinvest.com.cn

• 1 source
• jdinvest.com.cn锦都投资官网Apr 12, 2019

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