Nidec Motor Corporation Revenue and Competitors

In 1890, two Scottish engineers, Alexander and Charles Meston, overcome by a hot St. Louis summer, connected a fan to an electric motor. That electric fan became the foundation of the Emerson Motor Company, along with our dedication and spirit of building a better life for everyone by applying advanced motor technology. During the early years, we built our initial business and reputation around fan motors, and those electric fans became the summertime godsend to the American South and Midwest. Later on, to counter the seasonality of the fan business, we began producing many sizes of fractional horsepower AC and DC motors. Our first 63 years were very positive. We rose to the challenges of wartime mobilization and peacetime retrenchment. Through these expansions and contractions, we demonstrated an ability to improve ourselves by lowering manufacturing costs, increasing output, offering new products, finding new markets, and using acquisitions to build on our existing strengths and branch out further into other areas. By 1973, we had become the third-largest electric motor manufacturer in the United States. Today, we are the largest fractional horsepower motor producer in the world. As we enter our second century, we are grateful to the quality of our people whose contribution has been crucial to our success: the outstanding leadership as well as the efforts of the thousands of men and women who carry out their duties with commitment and care. We remain committed to utilizing technology and innovation to provide you with the best value, service, and quality motor & drive solutions.