VEM Group

VEM Group will build an electrical motor R&D and production base in Wuxi National Hi-Tech District, China, with a total investment of 1.05 billion yuan ($147 million). The base will produce 1,500 motors, control systems, and wind power generators annually.

A new, larger medical device manufacturing facility is under construction for VEM in Thailand and will open in 2022.

VEM Group upgraded its ISO Class 8 cleanroom to ISO Class 7 and doubled its size at its manufacturing facility in Rayong, Thailand, to support medical device production.

Chinese motor manufacturer SEC Holding Co., Ltd. has acquired the drive technology specialist VEM Group, a member of the Merckle Group, which manufactures electric drive systems, custom motors and special machines. The sale includes all worldwide locations.

The Merckle family sold its shares in VEM, a manufacturer of electric drive systems and special motors, to a Chinese family investor. The sale is expected to close in summer 2017 pending regulatory approvals.