Nidec says it’s on target to become ‘number one’ in industrial motors and drive systems

Nidec Industrial Solutions claims it is on course to become number one in its market segment of industrial motors and drive systems, ahead of companies such as Siemens and General Electric.

In a statement, Nidec says: “As competitors like GE and Siemens announce major cuts and reorganizations of their industrial assets Nidec continues to invest in growth.”

The company further underlines its confidence with the comment: “The road to the top is never easy and if you are a relative newcomer to the industrial sector you have to contend with the force and reputation of some very strong, well-consolidated brands.  Continue reading Nidec says it’s on target to become ‘number one’ in industrial motors and drive systems