Year-to-date (YTD) shipments through August totaled $1.67 billion, up 1.5% from shipments made in the first eight months of 2023. The YTD growth rate has declined every month since April 2024.
Nidec Corporation plans to construct a technical center to exhibit a comprehensive lineup of its machine tools on Nidec Machine Tool Corporation’s premises in the city of Ritto, Shiga Prefecture.