April 23, 2017 3:14 PM ET

Electrical Equipment

Company Overview of ABB Inc.

Company Overview

ABB Inc. manufactures power, robotics, and automation products and solutions for industries and utilities. The company offers collaborative production management products; drives, inverters, and converters; generator circuit breakers; insulation and transformer components; measurement products; low, medium, and high voltage products and systems, motors and generators; power electronics; reactors; and semiconductors. The company also provides transformers, control systems, electric vehicle charging infrastructure, mechanical power transmission products, metallurgy products, power cables and cable accessories, power protection and automation products, robotics, turbochargers, and arc-resistant...

12040 Regency Parkway

Cary, NC 27518

United States

Founded in 1980

Phone:

919-856-2360

Fax:

919-807-5022

Key Executives for ABB Inc.

Chief Executive Officer, President, and Region Manager
Age: 64
Region Chief Financial Officer
Region Division Manager of Power Products of North America
Age: 58
Head of Group Function Quality and Operational Excellence at ABB Group and Senior Vice President of Operational Excellence
Group Vice President and Head of Network Management Business Unit
Compensation as of Fiscal Year 2016.

ABB Inc. Key Developments

ABB to Invest $60 Million in Technology for U.S. Market

ABB has unveiled its latest electrical innovations for the U.S. market, resulting from research and development, and operational investments of more than $60 million. The investments for power distribution and protection, and residential circuit protection, complete ABB's portfolio extending its broad range of installation products from Thomas & Betts, the business ABB acquired in 2012. This builds on the $10 million investment to localize production in Senatobia, Mississippi, for a range of electrical components and systems previously manufactured overseas.

ABB ReliaGear® Product Family Expanded to Include Full Range of Low-Voltage Solutions

ABB has announced a significant launch of low-voltage ReliaGear® switchgear, motor control center, SafeT™ switchboard, SafeT™ panelboard and busway. The expansion of the range completes the full line, complementing ABB’s medium-voltage switchgear, which includes ReliaGear® and SafeGear® brands. The launch is part of ABB’s expansion of its power distribution equipment portfolio, in which all medium- and low-voltage solutions are branded as ReliaGear for standard equipment and SafeGear for arc-resistant equipment. The extended low-voltage ReliaGear offering is now available in the United States and Canada and provides ABB circuit breaker technology, which is UL® and cUL /CSA Listed and has American National Standards Institute (ANSI) certification. The solution incorporates either ABB Tmax or Tmax XT UL489 molded-case circuit breakers (MCCBs), or Emax 2 UL 1066 power circuit breakers, which are among the most advanced in the world. These circuit breakers enable the ReliaGear family of power distribution equipment to employ the latest data communications and automation technology. They occupy less space, improve safety, and increase service life. The launch of ReliaGear power distribution equipment comprises the following solutions: UL 1558-Listed low-voltage switchgear: The switchgear offers a turnkey solution for ANSI C37.20.1-compliant power distribution in a critical application. The Emax 2 circuit breaker combines advanced protection, programmable logic (like an embedded automatic transfer switch function), full connectivity and comprehensive microgrid energy management in an all-in-one revolutionary device. UL845-Listed low-voltage motor control center (MCC): With a unique draw-out mechanism that does not require mechanical shutters, this MCC sets new standards for safety, reliability and operator convenience. It incorporates ABB technology, such as Emax 2 and Tmax/Tmax XT circuit breakers, ACS-type variable speed drives and PST-type soft starters into a complete type-tested system. Having a built-in, fast load-shedding solution, Emax 2 simplifies the MCC architectures and maximizes the plant service continuity. All the circuit breaker and electrical data are managed by ABB Ability™ Electrical Distribution Control System, the new cloud-based platform that enables remote energy monitoring and optimization. UL 67-Listed SafeT panelboard: With a finger-safe bus stack and plug-in branch devices, this panelboard offers improved safety and greater ease of use. The panelboard uses Tmax and/or Tmax XT MCCBs that occupy up to 30% less mounting space than competitor products. This enables an overall reduction in the size of the panel enclosure and the amount of wall space it occupies. Its simple design allows a one-person installation process. UL 857-Listed busway: The busway is designed to occupy less space and uses less material, making it a more economical and efficient solution. UL 891-Listed SafeT switchboard: The switchboard design can use Emax 2, Tmax or Tmax XT circuit breakers. The switchboard also features an industry-exclusive finger-safe vertical bus in the distribution section for group-mounted breakers.

ABB Inc. Plans to Invest $9.1 million in New Equipment and Expand Robotic Production in Auburn Hills

ABB Inc. announced its plans to invest $9.1 million in new equipment and expand robotic production in Auburn Hills.

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Recent Private Companies Transactions

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