Nidec Completes Acquisition of Houma Armature Works A US-based Motor and Generator Service Provider Released on July 4, 2023, in Kyoto, Japan Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) today announced that it has acquired full ownership of TAR, LLC d/b/a Houma Armature Works, a privately owned US company (“Houma”), from its founding family, through the Company’s subsidiary, Nidec Motor Corporation (“NMC”), on July 3, 2023 (US time) (the “Transaction”). As a result of the Transaction, Houma became a consolidated subsidiary of Nidec, as outlined below: 1. Outline of the New [...]

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Tar, LLC continues operations under Houma Armature Works Trade Name For Immediate Release: Houma Armature Works 2534 Cummins Road Houma, LA 70363 O: 985.876.0198 Tar, LLC has announced that it will continue to operate under the trade name Houma Armature Works. Tar, LLC, which purchased the assets of Houma Armature Works, including the trade name and all other business assets, will continue to operate under the same name. Despite difficulties with the State of Louisiana releasing the company's original name, Tar, LLC plans to continue servicing its customers under the well-known and trusted brand, Houma Armature Works. Customers can expect [...]