Abb invests $170 million in the u.s.

Cary, nc, april 04, 2023 (globe newswire) -- abb is accelerating its growth strategy in the united states by investing approximately $170 million and creating highly skilled jobs in manufacturing, innovation and distribution operations. abb is committed to growing in the u.s. by investing in its electrification and automation businesses that meet increased demand from industry-leading customers, while supporting the clean energy transition and the trend towards reshoring of production. this commitment is highlighted by today's pouring of the concrete foundations for a greenfield drives and services facility in new berlin, wisconsin. the u.s. is abb's largest market, comprising 24 percent of the company's annual revenue.[1]
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