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Nidec completes acquisition of SR drive business of China Tex MEE
Nidec Corporation announced that its subsidiary, Nidec Motor (Qingdao) Corporation (NMQC), has completed the acquisition of the switched reluctance (SR) motor and drive business of China Tex Mechanical & Electrical Engineering Ltd. (China Tex MEE) on July 31, 2015. Prior to this acquisition, NMQC had established a ne....
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