BREAKING: Nidec Motor Company to expand in Lexington, create 300 jobs
LEXINGTON, Tenn. — Nidec Motor Company officials announced Friday morning that the company will expand its current operations in Lexington, creating 301 new jobs and investing $18 million in Henderson County.
Newman, who’s with Nidec, said they want to improve infrastructure and technology inside the building. “Lexington’s had a longstanding reputation here for building quality product,” he said. “The employees are fantastic.”
Nidec, which makes electric motors, bought Leroy-Somer in 2017. Prior to the purchase, Leroy-Somer announced plans to lay off 180 employees in 2016. The Tennessee Department of Labor and Workforce Development said Leroy-Somer Americas notified them it would lay off 63 workers in 2017.
“For several years, the economy was down,” Lexington Mayor Jeff Griggs said. “We lost jobs, but now jobs are coming back.”
Henderson County Mayor Dan Hughes said these new jobs will impact the community. “We’re going to have houses,” he said. “We’re going to have retail establishments. We’re going to have restaurants that’s going to feel the impact.”
Tennessee Department of Economic and Community Development Assistant Commissioner Jamie Stitt said these new jobs will be created over five years. “According to our records, it’s the largest announcement in Henderson County history,” she said.
Newman said they have already started adding these new jobs. “We just see it as a great opportunity to utilize the largest facility that we have in the EPG organization,” he said.
The state said Nidec already employs more than 200 Tennesseans.