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Nidec (NIDEC) will start mass production of gear-cutting machines (hobbing machines) at a leased factory in Pinghu, Zhejiang, China, with initial output of 15 units per month. A new factory on a 66,000 sqm site is also planned, with first phase completion by June 2024. Total investment for the first phase is JPY 5 billion.
“尼得科(NIDEC,原日本电产)将在中国量产面向当地市场的机床。”cn.nikkei.com
Summarized from public sources; check the original articles before acting on it.