August 12, 2021
Mitsubishi Heavy Industries Machine Tool, which became under the umbrella of Nidec Group, changed its company name to “NIDEC MACHINE TOOL” on August 2, 2021 and started operations. Mr. Kenichi Wakabayashi will continue to be the president and CEO.
The sales and service counters in Japan are the same as before the company name change. The capital is 3 billion yen. The number of employees is 840.
NIDEC MACHINE TOOL develops, manufactures, and sells large double-column machining centers, gear machines, precision machines, precision laser machines, metal 3D printers, etc.