# Nidec Machine Tool starts production at Pinghu plant in China

Nidec Machine Tool's subsidiary Nidec Machine Tool (Zhejiang) Co., Ltd. has completed and started production at a new factory in Pinghu, Zhejiang, China. The plant will produce gear cutting machines, horizontal machining centers, and gear cutting tools, targeting 400 units in the first year and 800 units by 2030.

- Type: New facility
- Announced: 2024-10-11
- Where: Pinghu, Zhejiang, China
- Value: $33.5M (5.00B JPY)
- Jobs: 130
- Starts operating: 11 Oct 2024
- Status: completed
- Capacity: 400 units per year initially, 800 units per year by 2030
- Products: gear cutting machines, horizontal machining centers, gear cutting tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Nidec Machine Tool](https://endata.com/companies/57941.md)
- [Nidec Machine Tool (Zhejiang) Co., Ltd.](https://endata.com/companies/69071.md)
- [Nidec Machine Tool (Zhejiang) Co., Ltd.](https://endata.com/companies/69071.md) (partner)

## Sources

- [nidec.com](https://www.nidec.com/cn/corporate/news/2024/news1011-01/), 2024-10-11: "尼得科机床（浙江）有限公司平湖工厂正式投产 迅速响应汽车、机器人等中国市场的需求"
- [cn.nikkei.com](https://cn.nikkei.com/industry/manufacturing/56928-2024-10-12-11-26-54.html), 2024-10-12: "尼得科旗下的尼得科机床公司10月11日宣布，在浙江省平湖市建设的机床新工厂已竣工。"
- [mynewsdesk.com](https://www.mynewsdesk.com/us/nidec/pressreleases/nidec-machine-tools-chinese-subsidiary-makes-full-scale-launch-of-its-new-machine-tool-production-factory-in-pinghu-to-promptly-meet-chinese-markets-demand-for-cars-robots-etc-3348211), 2024-10-16: "Nidec Machine Tool Corporation today announced that the construction of a new factory that Nidec Machine Tool (Zhejiang) Corporation had been building in the city of Pinghu, Zhejiang Province, China, has been completed, and that the factory has launched its full-scale operation, on October 11."
- [machinery-market.co.uk](https://www.machinery-market.co.uk/news/38435/Nidec-Machine-Tool-opens-production-facility-in-China), 2024-11-05: "Japan’s Nidec Machine Tool Corporation has announced that the construction of a new factory being built by its subsidiary Nidec Machine Tool (Zhejiang) Corp in the city of Pinghu, Zhejiang Province, China, has been completed and now undertaking full-scale operation."

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