ABB has announced plans to invest $170 million in the United States, created high pay jobs for manufacturing, distribution, and R&D. Today they will mark this occasion by pouring the concrete on the foundation of their new Drives and Services facility in New Berlin, Wisconsin.
The CEO of ABB, Björn Rosengren stated:
“The United States is critical to ABB’s success as a market that will continue to grow and benefit from our product portfolio that enables the transition to a more energy-efficient future,”
Highlighting the importance of stability in the supply chain and building a strong domestic source for supplies and the profound impact it has on the American economy and availability of high paying manufacturing jobs, the CEO further iterated:
“Currently, 85 percent of ABB’s sales in the US are from products produced locally, which provides customers with a more secure supply chain and keeps good-paying manufacturing jobs in America.”
The investments not only affect Wisconsin, but many states across the United States. New Mexico, Tennessee, Michigan, Pennsylvania, and South Carolina will also benefit from these investments.
The Installation Products Research & Development Lab and Innovation Center will open in Memphis, Tennessee after a $3 million investment by ABB.
$2 million was invested in Atlanta, Georgia for a packaging and logistic facility for products related to “end-to-end robotic automation solutions” in warehousing, distribution, logistics and automation industries.
A $40 million project for a new Elastimold manufacturing facility in Albuquerque, New Mexico is expected to be completed in 2024. Elastimold is a leading brand of accessories for underground electric cables.
Auburn Hills, Michigan will benefit from a $20 investment to expand the North American robotics headquarters and manufacturing facility, in order to meet increased demands for automation and restoring of manufacturing.
Thanks to a $4 million investment in the Installation Products Division Northeast Distribution Center located in Lehigh Valley, Pennsylvania; high-demand electrification products will have an improved supply chain. ABB estimates that the new facility will help reduce the delivery time to contractors by up to 50%
ABB E-mobility has invested in a manufacturing facility for electric vehicle chargers which a capacity to produce up to 10,000 chargers per year with a range of 20kW to 180kW in power.
ABB has cited the Inflation Reduction Act as an extra boost for the company’s operations in the United States.
ABB’s official press release: click here