Canada press releases

With businesses around the world facing unprecedented pressure from the cost of energy and the urgency of climate change, a new report from the Energy Efficiency Movement shows that improving industrial energy efficiency is the fastest and most effective way for a business to cut energy costs and greenhouse gas emissions. The Energy Efficiency Movement is a global forum of around 200 organizations

ABB Mobilité électrique, chef de file mondial des solutions de recharge pour véhicules électriques (VE), a annoncé aujourd’hui avoir signé un placement privé, mené par de nouveaux investisseurs minoritaires, à hauteur d’environ 200 millions de francs suisses pour des actions nouvellement émises, préalablement à un appel public à l’épargne. La transaction sera conclue au cours du quatrième

ABB E-mobility, a global leader in electric vehicle (EV) charging solutions, today announced that it has signed a pre-IPO private placement of approximately CHF200 million for newly issued shares, led by new minority investors. The transaction will close during the fourth quarter 2022. ABB E-mobility will use the proceeds to continue the execution of its growth strategy, driven by both organic and

ABB is recognized for the third consecutive year as one of Canada's Top 100 Employers. This award underscores the company's approach and vision of creating a safe and healthy work environment for its employees. "Today, employee wellness goes beyond physical and is more about building a culture of physical, emotional, financial and social well-being. That' s why ABB has put in place initiatives and

ABB today released the 4/2022 edition of ABB Review, the company’s technical journal. The lead topic for this quarter is “connections,” examining multiple solutions in typical industrial contexts like the food & beverage area and more unusual settings, such as maritime transport, as well as highlighting solutions for improved sustainability. For example, an all-in-one certified solution that

Strong order growth, high revenues and historically high Operational EBITA margin

Children are already driving the EV revolution, despite not yet being able to get behind the wheel themselves, a new global survey has found. Conducted by world leader in EV charging solutions, ABB E-mobility, the survey revealed that children not only educate their parents on environmental issues and admonish them for un-eco-friendly behavior, but also contribute to discussions around major

ABB is investing US$13 million in its Installation Products Division Iberville manufacturing facility in Saint-Jean-sur-Richelieu, Quebec, to increase production capacity and establish a research & development facility at its global center of excellence for cable tray manufacturing. This will support rising global demand, especially in the data center segment, and is ABB’s second

The shareholders of ABB approved the proposed spin-off of its Accelleron turbocharging division at today’s Extraordinary General Shareholders Meeting of ABB Ltd held in Zurich. The Board of Directors’ proposal to spin off ABB’s market-leading turbocharging business by way of a dividend in kind of Accelleron Industries Ltd’s shares to ABB’s shareholders was supported with 99.72 percent of the

Accelleron Industries AG (formerly ABB Turbocharging), a global leader in high-power turbochargers for mission-critical applications, will host its Capital Markets Day today, August 31, 2022, starting at 11:00 CEST in Baden. Accelleron’s CEO, Daniel Bischofberger, and his executive leadership team will guide participants through Accelleron’s leading position in its attractive end markets, the