Nidec still attracted to electric autos after temporary dip in permanent magnets July 23, 2020 Electric motor maker Nidec reported a 6.6% year over year drop in sales in Q2 as a result of a halving of its sales to the autos sector. Longer term the firm is still confident in the sector’s growth opportunity with CEO Shigenobu Nagamori stating the firm is ready for a “dramatic shift” to el... Read more →
Regal Beloit, Nidec face disruptions as supplier deals with COVID-19 controversy June 15, 2020 Workers at Mexican industrial parts maker Compania Armadora have accused the firm of pressuring them to return to work in the midst of COVID-19. Concerns about worker safety drove the Mexican government’s shutdown of non-essential manufacturing which has only recently ended. Armadora’s exports... Read more →
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