Nidec Updates Status of OperationsIn Thailand
This is a Press Release edited by StorageNewsletter.com on 2011.11.28
Nidec Corporation released on November 22, 2011 the current status of its manufacturing operations in areas affected by the recent flooding in Thailand.
By the end of the third week of November, two of the company's Thai factories had resumed operations in Rangsit and Wangnoi.
In the meantime, the company's Bangkadi factory and Nidec Copal's Pathumthani factory had commenced alternative production at leased factories in Rayong and Uthai Thani, respectively.
In addition to the foregoing, Nidec Precision (Thailand) Co., Ltd. resumed its operations in Rojana on November 21.
We will continue our efforts to further improve the utilization of the factories whose operations have resumed and to bring the company's other flood-stricken factories 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 being assessed currently. We will continue to report on any actual or potential impact on the company's business performance in a prompt manner.