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ABB in the Canadian media
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    Group press release

    ABB today announced that it has signed an agreement to acquire Födisch Group, a leading developer of advanced measurement and analytical solutions for the energy and industrial sectors. The acquisition enhances ABB’s offering in continuous emission monitoring systems (CEMS) and bolsters its competitiveness in technology and innovation. Through the acquisition, ABB will widen its portfolio to meet

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    Customer success story

    ABB has teamed up with Steel Dynamics Heartland Division (SDI Heartland) to modernize aging substation equipment with an upgrade of switchgear doors, protection relays and controls at its 18-breaker substation. SDI Heartland produces various types of value-added, flat rolled steel by further processing hot-rolled coils into pickle and oiled, cold rolled and galvanized products. With a facility

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    Group press release

    Solid demand; record-high Operational EBITA margin

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    Press release

    ABB has been ranked a leader in the 2024 Verdantix Green Quadrant for Asset Performance Management (APM) Solutions report, which evaluates software suppliers across 18 capability areas and nine strategic success factors. Verdantix has placed ABB in the Leaders quadrant, recognizing the advanced functionality and strategic advantages offered by its solutions. ABB was also recognized for

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    Group press release

    ABB welcomes the approval of its emissions reduction targets by the Science Based Targets initiative (SBTi). As part of the company’s efforts to enable a low-carbon society ABB submitted updated scope 1, 2 and 3 targets for 2030 and 2050 to the SBTi. The approval of ABB’s science-based targets by the SBTi confirms ABB’s approach as science-based in accordance with the Paris Agreement. The SBTi

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    Press release

    Imagine a heavy-duty vehicle or electric vehicle (EV) grinding to a halt – not due to a battery issue, but because of a faulty electrical connection. Heavy-duty vehicles endure constant vibration, impact and strain, which can compromise vehicle safety and lead to costly downtime. ABB Installation Products addresses these challenges with the first-of-its-kind Harnessflex® Interconnect system. This

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    Group press release

    On May 23, 2023, ABB delisted its American Depositary Receipts (ADRs) from the New York Stock Exchange. In the period between June 1, 2023, and May 31, 2024, the 12-month US Average Daily Trading Volume (ADTV) in ABB’s ADRs has fallen to below 5 percent of the ADTV worldwide. ABB now meets the requirements to apply to deregister and terminate the reporting obligations for its debt and equity

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    Global press release

    Advancing its commitment to bringing smart, sustainable technologies to homes in the U.S. and Canada, ABB launches today the new ReliaHome™ Smart Panel - its first residential energy management software platform in these markets. In collaboration with its partner Lumin, a pioneer in responsive load management, the new cutting-edge offering provides enhanced customer experience and exceptional

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    Group press release

    ABB today announced the appointment of Giampiero Frisio as the new President of its Electrification Business Area and Brandon Spencer as the new President of its Motion Business Area. Both will take over their new roles and join ABB’s Executive Committee on August 1, 2024. ABB CEO Björn Rosengren said: “Both Giampiero and Brandon are proven leaders with strong track records in their current roles

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    Press release

    ABB Canada and Powrmatic Canada Ltd., a distributor of residential, commercial, and electrical supply equipment based in Eastern Canada, today announced a new regional distribution agreement. Powrmatic will provide electrical contractors increased access to a complete portfolio of cutting-edge ABB products and smart building solutions including, safety switches, switchboards, panelboards, amongst

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    Group press release

    ABB today announced a minority investment in Ndustrial, a US-based clean technology startup that has developed a leading-edge, AI-powered energy management platform. This innovative technology enables smarter, production-aware energy decisions in real time, helping customers reduce operating costs, optimize energy consumption and accelerate decarbonization. The investment was made through ABB

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    Group press release

    Electrification and automation leader ABB and Niedax Group, a leading global supplier of cable management systems, have entered into an agreement to form a new 50/50 joint venture. The transaction is subject to customary closing conditions. Expected to close and commence operations in Q4 2024, the collaboration will integrate the North American cable tray businesses of ABB’s Installation Products

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    US Press Release

    An estimated 1 million tons of abandoned, lost and discarded fishing gear (ALDFG), the equivalent of 50,000 double-decker buses, litter the world’s oceans every year, endangering marine life as a major source of ocean plastic pollution. To help address dangerous marine pollution, ABB Installation Products pioneered industry-leading cable protection crafted from 50% recycle-based polyamide using

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    Group press release

    Positive book-to-bill, record-high margin and strong cash flow

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    Press release

    ABB today announced a minority investment in GridBeyond, a leading technology player providing energy management solutions based on artificial intelligence and data science that will enable our customers to optimize distributed energy resources and industrial loads. The investment was made through ABB Ventures. This newly formed strategic partnership will contribute to the continued expansion of

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    Group press release

    ABB announced today that Tarak Mehta, President Motion Business Area and Member of the Executive Committee, has decided to leave ABB since he has accepted the role as CEO of another company. Tarak will leave ABB at the end of July this year. Tarak joined ABB in 1998 and has since then held a number of positions of increasing responsibility in the United States, Sweden and Switzerland. He joined

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    Press release

    ABB has signed an agreement with Cap Clean Energy to collaborate on sustainable aviation fuel (SAF) production sites in the Canadian provinces of Manitoba, Saskatchewan and Alberta. As part of the Memorandum of Understanding (MoU), ABB will explore how its automation, electrification and digital technology – including the ABB Ability™ System 800xA® distributed control system and eHouse modular

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    Group press release

    ABB shareholders have approved all the proposals of the company’s Board of Directors at its 2024 Annual General Meeting, which was held in Zurich, Switzerland, today. A total of 623 shareholders attended the meeting who, together with the independent proxy, represented 57.7 percent of the total share capital with a right to vote. The shareholders supported the proposed distribution of an increased

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    Press release

    ABB has been awarded a contract by Hitachi Rail to provide a traction power supply solution for the Ontario Line subway project in Toronto, Canada. ABB’s Transportation Rail and Infrastructure team will provide the full solution for the power supply architecture including ABB key power distribution components for the Ontario Line to ensure its safe and reliable operation. The Ontario Line will

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Contacts

For all media inquiries, please send us an email to CA-media.relations@abb.com

Carley Tietolman

Communications Manager, Canada
+1 (514) 348 4452
carley.tietolman@ca.abb.com

Mylène Dumoulin

External Communications and Brand Governance, Canada
+1 (514) 237 6153
mylene.dumoulin@ca.abb.com

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