Global Reorganization Announced at Nidec Press & Automation

MINSTER, OH -- David Winch, Chief Executive Officer for Nidec Press & Automation and Nidec Minster Corporation, has announced organizational changes designed to align the company with a global Market Segment growth and support strategy.

A subsidiary of the Nidec Shimpo Corporation, headquartered in Kyoto, Japan, Nidec Minster's ongoing acquisition strategy has created the synergistic Nidec Press & Automation group of companies, offering world class metal forming machinery and services.

Nidec Press & Automation(NP&A) includes Nidec Minster, in Minster, Ohio, U.S.A.; Nidec Arisa in Navarrete, Spain; Nidec Vamco in Pittsburgh, Pennsylvania, U.S.A.; Nidec Kyori in Kyoto, Japan; and Nidec SYS in Grafenau, Germany. NP&A products include the industry's most comprehensive selection of mechanical and servo stamping presses; high speed automation machinery; controls; and integrated solutions. In addition to shared global manufacturing facilities, NP&A operates Customer Service Centers in Minster, Ohio; Navarrete, Spain; Grafenau, Germany; Querétaro, Mexico; Ningbo, China; Peiting, Germany; and São Palo, Brazil.

"The market-driven approach will enhance our customer focus and refine our product development, management, engineering, sales, project management, and marketing efforts," Winch said. "Our markets currently include: Container; Automotive and Contract; EV and Electrical Motor; and the High Speed market."

Winch has tapped leadership for each of the Market Segments, designed to focus growth and product response on a global level.

Nidec Minster President, Ron Arling will assume the new role of NP&A Chief Administrative Officer while continuing as NP&A Chief Financial Officer.

Steve Gruber has been named NP&A Executive Vice President, Global Service, and will oversee NP&A's extensive service and part operations.

Nidec Vamco CEO Bryan Gentile has been named NP&A Vice President and Global EV/Electrical Motor Market Segment Leader. Greg Stueve assumes the role of NP&A Vice President and Global Container Market Segment Leader.

The position of NP&A European High Speed Market Segment Leader will be filled by Wolfgang Biewald, who will also serve as the Nidec SYS CEO. Diego Ariznavarreta will assume the role of Director, Automotive/Contract Market Segment for the regions of Europe, Asia and South America. Joel Wuebker will be taking on the role of Director, Automotive/Contract Market Segment for North America.