Who we are - ABB in brief
ABB is a pioneering technology leader in power grids, electrification products, industrial automation and robotics and motion, serving customers in utilities, industry and transport & infrastructure globally. Continuing a history of innovation spanning more than 130 years, ABB today is writing the future of industrial digitalization with two clear value propositions: bringing electricity from any power plant to any plug and automating industries from natural resources to finished products. As title partner in ABB Formula E, the fully electric international FIA motorsport class, ABB is pushing the boundaries of e-mobility to contribute to a sustainable future. Based in Zurich, Switzerland, ABB operates in more than 100 countries with about 147,000 employees. The firm’s shares are traded on the stock exchanges of Zurich, Stockholm and New York.
ABB’s North American operations are headquartered in Cary, North Carolina, and employ about 24,000 people in multiple manufacturing, service, R&D and other major facilities.
The company in its current form was created in 1988, and quickly established a presence in the US through acquisitions as well as organic growth. Westinghouse, Combustion Engineering, Bailey Controls and many other highly respected firms joined the ABB family. In the last few years, ABB has dramatically expanded its US operations with the acquisitions of Baldor (motors, mechanical power transmission), Thomas & Betts (low-voltage products), Ventyx (enterprise software), PowerOne (solar inverters), Los Gatos Research (measurement instruments) and General Electric Industrial Solutions (electrification products) in 2018.
ABB’s success has been driven particularly by a strong focus on research and development. One of its seven global R&D centers is located on the campus of North Carolina State University in Raleigh along with its Smart Grid Center of Excellence and the regional headquarters for ABB’s power-related businesses.
This focus on technology development has produced numerous breakthroughs and industry firsts, many in the United States, from the world’s largest drive at NASA’s National Transonic Facility Wind Tunnel in Virginia to the world’s largest battery energy storage system in Fairbanks, Alaska. ABB has even supplied robots featured in the Terminator and Iron Man films, as well as the Star Trek: Discovery series.
Today, ABB stands as a global leader in industrial technology, and the US represents its largest growth market.