Nidec Global Electrical Appliance Industrial Park was launched in Jiaozhou, Qingdao, Shandong

The Nidec Global Electrical Industrial Park, jointly invested by Nidec Corporation and SCO Holdings Group, has been launched in Jiaozhou, Qingdao, Shandong, with a total construction area of ​​108,200 square meters. The project is mainly dedicated to the research and development and production of high-efficiency and energy-saving motors, drivers, controllers and automatic drive systems. At present, 40% of the equipment installation and commissioning of the project has been completed, and some production lines have entered trial operation, and it is expected to be fully put into production in March 2025. After production, it will produce 14 million motors and 16 million controllers annually, and will provide high-end supporting products for leading companies such as Haier, Hisense, and Siemens. It is committed to building a world-leading R&D and manufacturing platform to promote the group's technology integration, capacity improvement and equipment renewal.