Nidec Machine Tool (Zhejiang) Co., Ltd.

Activity by year

2023202420252026

New facility

Oct 11, 2024NEW FACILITYPinghu, Zhejiang, China$33.5M130 jobsops 11 Oct 2024
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.
Nidec Machine Tool Nidec Machine Tool (Zhejiang) Co., Ltd.Nidec Machine Tool (Zhejiang) Co., Ltd. partner #Industrial Machinery nidec.com cn.nikkei.com mynewsdesk.com
Mar 1, 2023NEW FACILITYPinghu Economic Development Zone, Zhejiang, China$44.0Mops Jun 2024
Nidec Machine Tool breaks ground on new factory in Pinghu, China
Nidec Machine Tool (Zhejiang) Co., Ltd. held a groundbreaking ceremony for a new factory in Pinghu Economic Development Zone, with a total investment of $44 million, to produce machine tools for EV drive components.
Nidec Machine Tool (Zhejiang) Co., Ltd.Nidec-Shimpo Corporation investor #Industrial Machinery #Automotive Components cncjcj.com

Site	Largest	Latest
Pinghu, China	$33.5M	2024-10-11
Pinghu Economic Development Zone, China	$44.0M	2023-03-01

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