Nidec expands China machine tool plant site threefold in Pinghu

Nidec has acquired a larger site in Pinghu, Zhejiang, for its machine tool subsidiary Nidec Machine Tool, expanding the planned factory area to 200,000 sq m, three times the original plan. The first factory is expected to start in March 2023 with annual production of 300 gear machines.

“日本電産は中国での工作機械の生産計画を上積みする。”newswitch.jp

• 2 sources
• newswitch.jp日本電産が中国新工場を３倍に拡張する狙い｜ニュースイッチ by 日刊工業新聞社Apr 7, 2022
• ouzhoujc.com日本电产:在华机床生产计划再增，浙江新厂扩建3倍-欧洲机床网机床,数控机床行业门户网站-欧洲机床网Apr 11, 2022

Summarized from public sources; check the original articles before acting on it.