ABB to Invest Additional $110M in US Manufacturing
ABB announced today that it will invest a further $110 million 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 and will create nearly 200 new jobs . ABB will invest $15 million to create a new production line for Emax 3 in its Senatobia, Mississippi site. A $30 million project will double the footprint of ABB’s Richmond, Virginia facility adding a new test center, warehouse and new assembly lines. In Arecibo, Puerto Rico, an investment of more than $30 million will increase the size of the facility to accommodate three new production lines. A $35 million investment will increase the capacity of ABB’s manufacturing facility in Pinetops, North Carolina. From 2022-2024, ABB invested around $500 million in its US business. ABB has a presence in all 50 states. Today, approximately 75-80% of the revenues ABB generates in the US are from products manufactured in the US. ABB to Invest $110M in US Manufacturing – tEDmag