KYOTO, Japan, Dec. 15, 2011 (GLOBE NEWSWIRE) -- Nidec Corporation (NYSE:NJ) (the "Company") announced today the current status of its manufacturing operations in areas affected by the recent flooding in Thailand.
Nidec Shibaura Electronics (Thailand) Co., Ltd. and Nidec Copal (Thailand) Co., Ltd. have resumed operations in Bangkadi Industrial Park and Nava Nakorn Industrial Estate, respectively, while maintaining alternative production outside each industrial zone. As of today, out of the ten factories of the Company and its subsidiaries in the affected areas, nine have their facilities back in operation and one remains solely dependent on alternative production outside the affected areas. We will continue our efforts to further improve the utilization of the operational factories and to bring the currently inactive factory back into operation to the earliest extent possible.
The exact amount of damage and the effect of the floods on the Company's performance are currently being assessed. We will continue to report on any actual or potential impact on the Company's business performance in a prompt manner.
| Company | Factory | Location | Products | Status | ||||
|
Nidec Electronics (Thailand) Co., Ltd. |
Rangsit |
Pathumthani Province | Operations resumed on Oct. 25. | |||||
| Bangkadi |
Bangkadi Industrial Park, Pathumthani Province |
Hard disk drive ("HDD") motors |
Alternative production started on Nov. 12 at a leased factory in Rayong Province. |
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| Rojana |
Rojana Industrial Park, Ayutthaya Province |
Operations resumed on Dec. 1. | ||||||
|
Nidec Precision (Thailand) Co., Ltd. |
Rojana |
Rojana Industrial Park, Ayutthaya Province |
HDD motor components |
Operations resumed on Nov. 21. | ||||
| Ayutthaya |
Wangnoi District, Ayutthaya Province |
Operations resumed on Nov. 4. | ||||||
|
Nidec Component Technology (Thailand) Co., Ltd. |
Saraburi |
SIL Industrial Land, Saraburi Province |
HDD base plates |
No damages confirmed and operations remain normal. |
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|
Bang Pa-In |
Bang Pa-In Industrial Estate, Ayutthaya Province |
Operations resumed on Dec. 8. | ||||||
|
Nidec Shibaura Electronics (Thailand) Co., Ltd. |
― |
Bangkadi Industrial Park, Pathumthani Province |
Home appliance motors |
Operations resumed on Dec. 9. | ||||
|
Nidec Copal (Thailand) Co., Ltd. |
― |
Nava Nakorn Industrial Estate, Pathumthani Province |
Camera shutters; Lens units |
Operations resumed on Dec. 13. | ||||
|
Nidec-Read (Thailand) Co., Ltd. |
― | Chachoengsao Province |
Inspection fixtures |
No damages confirmed and operations remain normal. |
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