# 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.

- Type: New facility
- Announced: 2019-04-12
- Where: Jiaxing, Zhejiang, China
- Value: $105.0M
- Status: announced
- Capacity: projected annual sales of at least RMB 1.2 billion by 2025
- Products: electric main water pumps, auxiliary pumps, electronic transmission oil pumps, mechanical transmission oil pumps
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Nidec Kaipu Automotive Pump (Suzhou)](https://endata.com/companies/4899.md)
- [Nidec Kaipu Group](https://endata.com/companies/4900.md)
- [Shanghai Jindu Investment](https://endata.com/companies/4901.md) (investor)

## Sources

- [jdinvest.com.cn](http://www.jdinvest.com.cn/news/article/9), 2019-04-12: "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。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.