This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Nidec To Construct New R&D Facility In Kawasaki, Japan

KYOTO, Japan, Jan. 7, 2011 (GLOBE NEWSWIRE) -- Nidec Corporation (NYSE:NJ) (the "Company") today announced its plan to build a new research and development facility, Nidec Research and Development Center ("New R&D Center"), in Kawasaki City, Kanagawa, Japan, for which land purchase has been completed recently.

The establishment of the New R&D Center comes in line with the Company's corporate vision of becoming the world's number one drive technology company for "spinning and moving products." The Company's product development efforts today encompass essentially all electric motor platforms, ranging from small, medium to large motors. As the backbone of the Company's product development activities, the New R&D Center is intended to bring the Company closer to the realization of its corporate vision by exploring drive technologies from broader perspectives and thereby performing the world's highest level of basic and applied research.

The New R&D Center will play a key role in:

- enhancing basic research capabilities that underpin the Company's future growth; - fostering applied technologies that create high value-added products well-matched to ever evolving market needs; - promoting technical synergy between the Company and its subsidiaries worldwide, and - nurturing world-class, highly capable engineers.

The New R&D Center will attach particular importance to energy/resource-saving technologies, new motor structures, electronic control circuits and simulation technologies, to drive forward the Company's ongoing initiatives in establishing new core businesses and achieving share gains in the global automotive, home appliance and industrial motor markets.

The New R&D Center ultimately aims to expand and enrich the Company's technological base that enables unique and inimitable products truly worthy of being called "the world's first and finest."

Outline of the New R&D Center

(1) Facility name

Nidec Research and Development Center

(2) Building outline

(i)    Address: Shin-Kawasaki (A Section), Saiwai-ku, Kawasaki-shi, Kanagawa

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%
YHOO $36.60 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs