The gearless elevator traction motor market is set to grow from $5 billion in 2024 to $7.07 billion by 2029, driven by energy ...

Nidec Corp. founder Shigenobu Nagamori said the Japanese maker of precision motors is prioritizing compliance, stepping away from a half-century-long focus on profit and growth.

Minister inaugurates Nidec industrial hub in Dharwad, creating jobs and boosting economy with advanced technology and exports.

Nidec is withdrawing a ¥257 billion ($1.8 billion) unsolicited tender offer for machine tool maker Makino Milling Machine, bowing to strong resistance from its target. Makino had previously ...

ST. LOUIS — Industrial motor manufacturer Nidec Motor Corp. received top honors in Locke Supply Co.’s annual vendor awards. Each year, Locke selects the top vendors in each of its four divisions for ...

Elevator Control Systems Strategic Business Report 2025, with Key Players Beta Control, CEP Elevator Products, Dazen Parts, DNAKE, Elevator Systems, KONE, Nidec Motor and more - ResearchAndMarkets.com ...

The best home elevators allow you to move between floors safely and securely, making them a worthwhile investment for aging at home.

Noveon Magnetics Inc., a San Marcos-based recycler and maker of rare earth magnets, has landed a deal to deliver 1,000 tons of magnets to Nidec Motor Corp. over the next five years. Calling the ...

TOKYO -- Japanese motor maker Nidec on Thursday left open the possibility of acquiring more machine tool makers following a contentious bid for Japan's Makino last month as it hopes to become the ...

Nidec reported a rise in quarterly net profit, supported in part by its machinery business, and reiterated its intention to acquire a rival Japanese machine-tool maker for about $1.6 billion to ...

A webcast (audio-only) discussing Nidec’s financial results for the third quarter and nine months ended December 31, 2024 is scheduled for 5:00 p.m. JST on Thursday, January 23, 2025.

Nidec Corp. is offering ¥257.3 billion ($1.6 billion) to take over machine tool builder Makino Milling Machine Co., initiating a rare unsolicited takeover of a Japanese company.