It is being sold to Japanese-based Nidec Shimpo Corporation. Both companies manufacture press machines.
Nidec officials said staffing and operations at the Minster plant will not change. They said the terms of the sale were no disclosed.
The sale is expected to be finalized next month.
In Other News
1
Former New Miami auxiliary cop arraigned on felony charges
2
Third suspect indicted in case of pregnant woman found in container
3
Man accused of killing Middletown man in 2023 crash apprehended by US...
4
Butler County Jail medical costs surge past $746K in 2025 — up $214K in...
5
Springfield performing arts group to present ‘A Christmas Carol’ with...
About the Author