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Archive - Mar 6, 2012 - News Article

Minster Machine Sold

March 6, 2012

MINSTER — A Japanese firm plans to acquire a long-standing Auglaize County manufacturing firm.

In a news release, company officials confirmed The Minster Machine Company is being purchased by Nidec-Shimpo, a division of Nidec Corporation. Nidec, with its headquarters in Kyoto, Japan, is a global technology corporation that had annual gross sales of $9 billion last year.

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