Nidec ACIM inaugurated a new production line for Embraco FMS variable-speed compressors at its Joinville plant, with capacity of up to 5 million units per year and over 220 direct jobs.
Nidec affiliate Embraco announced a compressor manufacturing facility in Chhatrapati Sambhajinagar (Aurangabad), Maharashtra, with over $120 million investment, 6 million units annual capacity and 750 to 1,000 jobs, with operations starting in the second half of 2026.
Embraco, part of Nidec Global Appliance, announced a new compressor factory in Chhatrapati Sambhaji Nagar (Aurangabad), Maharashtra, with 6 million units annual capacity and total investment above $120 million. Operations are set to start in the second half of 2026 and create 750 to 1,000 direct jobs.
Embraco, part of Nidec Global Appliance, announced a 120 million INR (about $12 crore) investment to build a 55,000 square metre compressor and inverter plant in Chhatrapati Sambhajinagar, India, expected to be operational by late 2026.
Embraco, a Nidec Global Appliance brand, began high-volume production of NEX and VEH compressors at its Beijing factory. The company invested US$5.7 million to set up the production line.
Nidec Global Appliance is investing US$70 million to set up new compressor and condensing unit production lines at Embraco plants in Austria, China, Brazil and Mexico. The lines will add more than 10 million units of annual capacity to the existing 45 million.
Nidec Global Appliance, holder of the Embraco brand, announced a $70 million investment to set up new refrigeration compressor production lines at plants in Fürstenfeld (Austria), Beijing (China), Joinville (Brazil) and Mexico, adding more than 10 million units per year.
Nidec Global Appliance will invest $70 million to add production lines at its Embraco compressor and condensing unit factories in Austria, China, Brazil and Mexico. Capacity is to rise from 45 million to over 55 million units per year.
The European Commission announced it would investigate planned job losses at a divested compressor plant in Fürstenfeld, Austria, after Nidec acquired Whirlpool's Embraco compressor business under conditional merger approval. The job cuts were announced in October 2019 and reportedly affect around 250 employees.
Whirlpool Corporation has completed the sale of its Embraco compressor business in Brazil and worldwide to Japanese motor maker Nidec. The deal was first announced in April 2018.
The European Commission approved Nidec's proposed acquisition of Whirlpool's Embraco refrigeration compressor business, conditional on Nidec's divestment and investment commitments. The purchase price was $1.08 billion, agreed on 24 April 2018.
The European Commission approved Nidec's proposed acquisition of Embraco, Whirlpool's refrigeration compressor business, subject to Nidec's commitments. The clearance decision was dated 12 April 2019.
Turkey's Competition Board placed Nidec Corporation's acquisition of sole control of Whirlpool's compressor unit Embraco under final examination, a decision dated 20 December 2018 and announced 16 January 2019. The deal is suspended until a final decision.
The European Commission opened an in-depth merger investigation into Nidec's proposed acquisition of compressor maker Embraco from Whirlpool, citing concerns about competition in refrigeration compressors. The Commission has until 15 April 2019 to decide.
Nidec completed its acquisition of Whirlpool Corporation's compressor business, Embraco, on 2 July 2019 after European Commission approval. Embraco operates in Brazil.
Nidec Corporation agreed to buy Whirlpool's Embraco compressor business for $1.08 billion in cash. The deal excludes Embraco Europe srl in Riva di Chieri, Italy, where Whirlpool plans to end production.
Brazilian compressor maker Embraco established a new €2.5 million technology centre at its European production plant in Spisska Nova Ves, Slovakia, to develop compressors for low-GWP hydrocarbon refrigerants.