Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Stuart C. McWhorter and Nidec officials announced today the company is expanding its manufacturing operations in Henderson County.
Nidec Power, a division of Nidec Motor Corporation, designs and manufactures advanced alternators used in critical power generation applications such as data centers, hospitals, defense and more. The company will invest $52.4 million to expand operations in its existing Lexington, Tennessee, facility, creating 200 new jobs and enhancing production efficiency and capacities to support the increasing electricity demand in the U.S. and abroad. Upon completion of the project, Nidec Power will employ over 600 Tennesseans across Henderson County.
Established in 1973, Nidec has grown from four-person operations to a global company with facilities on five continents and a headquarters in Kyoto, Japan.
Japan is Tennessee’s top partner for foreign direct investment (FDI) with more than 200 Japanese companies across the state that account for more than 57,000 jobs and $20 billion in capital investment.
QUOTES
“What happens in rural Tennessee matters to all Tennesseans, and I am proud to take part in announcing hundreds of new jobs for the families across Henderson County. Nidec’s investment will be transformative for this community, and I am grateful to the company’s leadership and long-term dedication to creating greater opportunity for Tennesseans.” – Gov. Bill Lee
“Tennessee’s longstanding position as a manufacturing hub, combined with our commitment to fostering a business climate that welcomes international investment, makes our state a premier destination for industrial innovation. We are proud to take part in announcing Nidec’s expansion and look forward to the important role the company will play in advancing Tennessee’s economic growth and global presence.” – TNECD Commissioner Stuart C. McWhorter
“Expanding our operations in Lexington underscores our commitment to Henderson County and Tennessee as a whole. We have a long history of operations in Tennessee, and our global success is built on the quality and commitment of our outstanding team in Lexington. We are honored to invest in this community that has given so much to our company and our customers.” – David Strohsack, president, Nidec Power
“TVA and Lexington Electric congratulate Nidec on its decision to expand operations in Henderson County. It’s always an exciting day when we can celebrate a company’s continued commitment to growth in the region. We are proud to partner with the Tennessee Department of Economic and Community Development and the city of Lexington to support companies like Nidec, and we celebrate this announcement together.” – John Bradley, senior vice president of economic development, TVA
“Nidec’s $52.4 million investment and creation of 200 new jobs in Henderson County is a testament to the strength of our workforce and the pro-business environment we’ve built in West Tennessee. I’m proud to support economic growth that brings high-quality jobs to our communities and strengthens our local economy.” – Sen. Ed Jackson (R-Jackson)
“Nidec’s decision to expand in Henderson County is a testament to our skilled workforce and strong business climate. This $52.4 million investment and 200 new jobs will have a lasting impact, helping our community grow and thrive for years to come.” – Rep. Brock Martin (R-Huntingdon)
About Nidec Corporation, Nidec Motor Corporation and Nidec Motion & Energy
Nidec Corporation is the world’s leading electric motor manufacturer with 2023 revenues of over $16B USD. Founded in 1973 and headquartered in Kyoto, Japan, Nidec is a global company comprised of over 300 group companies and 100,000 employees with operations in more than 40 countries. A pioneer in electrification, Nidec is integral as a world-class global technology provider, localized manufacturer and development partner in industries ranging from information technology, automotive, appliance, commercial, industrial and machinery.
Headquartered in St. Louis, Missouri, Nidec Motor Corporation (NMC) is a Nidec company and leading manufacturer of commercial, industrial and appliance motors and controls. Nidec Motion & Energy, a Nidec Business Platform, is a core part of NMC and trusted development partner in multiple high-growth spaces including industrial automation, vehicle electrification and electrical infrastructure.
For more information, visit Nidec’s website at www.nidec.com.
