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Nidec announced it will convert its Komagane, Nagano facility into a gear motor factory for machine tools and industrial equipment, investing JPY 16 billion in two phases. Phase 1 starts April 2023 with 360,000 units/year capacity; Phase 2 adds 240,000 units/year by April 2024. Full capacity of 600,000 units/year and 750 employees expected by end of 2025.
“日本電産は17日、長野県駒ケ根市の拠点を工作機械や産業機器向けの減速機の工場に転換すると発表した”nikkei.com
Summarized from public sources; check the original articles before acting on it.