Japanese Motor Company Invests 7.39 Billion More Into its PH Operations

June 2022

Nidec, a leading producer of motors found in hard disk drives, automobiles, and consumer and industrial equipment, would break ground for a new facility sometime in the third quarter of this year, according to the Department of Trade and Industry. The manufacturer will invest P40 billion (USD 7.39 billion) more to expand its product line in the country, which will help boost exports to markets such as the US and the EU.

According to the DTI, the company is riding on the increased market demand for a harmonic system, a kind of electric power system. The additional investments believe to bring the factories’ total combined monthly exports to the United States, European Union, India, Korea, China, and Brazil to 80,000 units.

The new facility will comprise of an area over 35,000 square feet, 400 new jobs will also be added to Nidec’s workforce, bringing the total to 1,000.

The company first established a factory in the country in 1995 and its operations were previously mainly devoted to the production of spindle motors and related products. But, with the expansion, its manufacturing activities will cover more high-tech gear products used in the aerospace, robotics, and solar tracking industries.


(Source: Philippine Daily Inquirer)

Our Services

Orissa International provides consulting services to companies that want to develop a market entry strategy for Southeast Asia or implement their business expansion into the region. We have very strong domain knowledge of markets and industry sectors, and a business network of over 16,000 distributors, resellers, and system integrators, built through advising and guiding more than 5,000 companies with their market expansion into Singapore, Malaysia, Indonesia, Thailand, Vietnam and the Philippines over the last 25 years.