Nidec to acquire Mitsubishi Heavy Industries Machine Tool to support push into EV drives; E-Axle

Green Car Congress
By mmillikinFeb 5, 2021, 5:30 am367 pts
Nidec Corporation’s Board of Directors approved a resolution to acquire the shares of Mitsubishi Heavy Industries Machine Tool Co., Ltd. , a company that designs, manufactures, and sells machine tools, cutting tools, and related products. The acquisition of the machine tool business complements Nidec’s…

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