# Nidec to invest JPY 16 billion in Komagane plant for gear motor production

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.

- Type: Expansion
- Announced: 2022-11-17
- Where: Komagane, Nagano Prefecture, Japan
- Value: $115.0M (16.0B JPY)
- Jobs: 750
- Starts operating: Apr 2023
- Status: announced
- Capacity: 600,000 units per year
- Products: gear motors for machine tools and industrial equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Nidec](https://endata.com/companies/1321.md)
- [Nidec-Shimpo Corporation](https://endata.com/companies/36912.md) (partner)

## Sources

- [nikkei.com](https://www.nikkei.com/article/DGXZQOUF163070W2A111C2000000/), 2022-11-17: "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"

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