ABB Adds Pump Motors Maker Aurora
Aurora Motors is U.S.-based provider of vertical motors with engineering and operations in Shanghai, China.
ABB Adds Pump Motors Maker Aurora Read More »
ABB
ABB Acquires Water Metering Sensor Maker Real Tech
It expands ABB’s presence in the water segment and complements its portfolio with optical sensor technology.
ABB Acquires Water Metering Sensor Maker Real Tech Read More »
ABB Completes $505M Sale of its Power Conversion Unit
With the sale, ABB said it has now completed all divisional portfolio divestments announced at the end of 2020.
ABB Completes $505M Sale of its Power Conversion Unit Read More »
ABB to Acquire Siemens’ NEMA Motors Unit
With production operations in Guadalajara, Mexico, the unit has approximately 600 employees and had 2021 revenues of about $63 million.
ABB to Acquire Siemens’ NEMA Motors Unit Read More »
ABB Opening Distribution Center in Pennsylvania
A new distribution center will stock more than 5,000 electrical products and reduce delivery times to some customers by up to 50%, ABB says.
ABB Opening Distribution Center in Pennsylvania Read More »
ABB 3Q Sales Up 29%
The Switzerland-based power and automation company reported sales of $7.9 billion, a 29% increase over the same period in 2020.
ABB 3Q Sales Up 29% Read More »
RBC Bearings to Acquire ABB’s Dodge Mechanical Power Transmission Business
RBC is paying $2.9 billion to acquire the international manufacturer of highly engineered precision bearings and components for the industrial, defense and aerospace industries.
RBC Bearings to Acquire ABB’s Dodge Mechanical Power Transmission Business Read More »
ABB Sales Up 32% in 2Q
The Swiss company also reported that its profit grew to $752 million from $319 million in the period.
ABB Sales Up 32% in 2Q Read More »
ABB’s Sales Increase 11% in 1Q
The electrical giant reported profit of $502 million, a 34% improvement when compared to the year-ago period.
ABB’s Sales Increase 11% in 1Q Read More »
ABB Appoints Chief Human Resources Officer
ABB has appointed Carolina Granat to succeed Sylvia Hill as chief human resources officer and member of the executive committee, effective January 1, 2021.
ABB Appoints Chief Human Resources Officer Read More »
ABB Sales Down 14% in 2Q
Swiss company also announces the appointment of Theodor Swedjemark, who will join the executive committee of ABB as chief communications officer.
ABB Sales Down 14% in 2Q Read More »
ABB Completes Divestment of Power Grids to Hitachi
Swiss electrical manufacturer sold 80.1 percent of its Power Grids business to Hitachi in a deal valued at $7.6 billion to $7.8 billion.
ABB Completes Divestment of Power Grids to Hitachi Read More »
