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ABB introduces new brand positioning “We help industries outrun – leaner and cleaner” underpinning the next phase of the company’s development as a leader in electrification and automation following its successful transformation period. It articulates what ABB wants to be known for in the minds of its customers.  The new brand positioning centers around the word “Outrun” and its meaning consists

ABB today began the phased opening of a new $100 million campus in New Berlin, Wisconsin to increase U.S. production capacity of industrial electric drives and service to fully meet Build America Buy America Act (BABAA) requirements. ABB employees, elected officials, education leaders, and media gathered for a ribbon cutting event to mark the first phase opening of the campus. “ABB is a technology

Order growth and record level margin

ABB has developed a new tool within its ABB Ability™ Predictive Maintenance for Grinding (PMG) platform, designed to make troubleshooting and diagnostics in mineral processing faster and more efficient than ever before. Traditionally, troubleshooting for grinding technology has required the onsite presence of an engineer or a direct remote access to the plant to identify the source of problems.

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

The Al Dhafra PV2 Solar project in Abu Dhabi – for which ABB supplies automation and optimization power generation solutions – is now exporting 100 percent of its designed capacity onto the grid. Covering an area of 20 square km in the Al Dhafra region, located around 30 km south of Abu Dhabi City, the 2 GW plant uses four million solar modules to generate enough electricity for 200,000 homes

Solid demand; record-high Operational EBITA margin

Lightning strikes and electrical surges disrupt critical operations and cause billions of dollars in damage to structures and equipment each year. With growing reliance on electronics and data centers, ABB is investing more than $35 million (£27 million), in a greenfield facility in Nottingham, United Kingdom, to meet increased demand for Furse® earthing and lightning protection solutions. The new

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

Red Eléctrica, the Redeia company responsible for the transmission and operation of the Spanish electricity system (TSO), has awarded ABB four orders for synchronous condensers (also known as synchronous compensators or SC) to strengthen the electricity grid, increase the quality of supply and boost the energy transition of the Canary and Balearic Islands. The integrated solution, which also

Today, ABB Robotics launched OmniCore™, an intelligent automation platform that is faster, more precise and more sustainable, to empower, enhance and futureproof businesses. The OmniCore platform, the result of more than $170 million of investment in next generation robotics, is a step change to a modular and futureproof control architecture that will enable the full integration of AI, sensor,

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

• Advances ABB’s leadership position in the wiring accessories market • Gains access to an expansive distributor network to support growth ABB announced today it has signed an agreement to acquire Siemens' Wiring Accessories business in China. The acquisition will broaden ABB’s market reach and complement its regional customer offering within smart buildings. The offering ABB is

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

Think global, act local. ABB is a global technology company that supports decarbonization in the process industries on a worldwide scale. Key to our global approach is our connection to the local communities where we and our customers operate. In this spirit, ABB is proud to announce that the ABB Ability Energy Management System is now listed on the German BAFA List of Eligible Energy Management

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

ABB Robotics is continuing the expansion of its modular large robot portfolio with the introduction of the new IRB 7710 and IRB 7720. The new robots, combined with recently launched IRB 5710-IRB 5720 and IRB 6710-IRB 6740, offer a combined total of 46 different variants capable of handling payloads between 70kg-620kg, to give customers a new level of flexibility, greater choice and performance in

ABB has opened a new €20 million injection molding manufacturing site at Evergem, near Ghent in Belgium, to meet the growing demand for safe, smart and sustainable electrification solutions in Europe. The modern plant has been developed to meet the latest energy-efficiency demands through the installation of new injection molding machines, digital technologies, and automation solutions. It

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

On April 1, 2024, ABB will launch its previously announced new share buyback program of up to $1 billion. Based on the current ABB share price this represents a maximum of approximately 21.3 million shares. The maximum number of shares that may be repurchased under this new program on any given trading day is 692,486. This new program is consistent with ABB’s capital allocation principles