Makino Milling's Union Stands Firm Against Nidec's Proposed Takeover

In a strong display of solidarity, the union representing workers at Makino Milling, a prominent player in the machining and manufacturing industry, has publicly declared its opposition to any potential acquisition by Nidec Corp, a major Japanese motor manufacturer. This announcement comes as Nidec has expressed interest in expanding its reach through the acquisition of Makino, an endeavor that the union believes would jeopardize job security and workplace stability.

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Nidec Offers $1.6 Billion for Makino Milling: A Bold Move in Precision Machinery

In a significant development within the precision machinery sector, Japan's Nidec Corporation has announced plans to make a robust bid of $1.6 billion to buy out Makino Milling Machine Co., a well-regarded manufacturer specializing in high-precision machining equipment. This acquisition seeks to anchor Nidec's position in the industry and enhance its footprint across global markets.

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