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ABB to Invest 110 Million USD in US Manufacturing

Summary by thediplomat.ro
ABB announced that it will invest a further 110 million USD in the United States in 2025 to expand the R&D and manufacturing of its advanced electrification solutions as customers focus on improving energy efficiency and uptime while reducing their energy costs. The IEA estimate US wholesale electricity prices rose by 30-40% in the first half of 2025, compared with 2024. Creating nearly 200 new jobs, the investment will support expected future g…
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The Swiss-Swedish industrial conglomerate ABB announced on Tuesday that it will invest 110 million dollars (87 million francs) in four of its factories in the United States and Puerto Rico in response to the growing demand for electricity from data centresThe investment of 110 million dollars will contribute to the creation of nearly 200 jobs, said the ABB group in a press release. The aim is to meet the demand in North America, notably with "th…

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pme.ch broke the news in on Tuesday, September 16, 2025.
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