ABB to invest US$110 million in US manufacturing

Core Insights - ABB will invest an additional $110 million in the US in 2025 to enhance R&D and manufacturing of advanced electrification solutions, driven by rising energy efficiency demands and increased energy costs [1][12] - The investment is expected to create nearly 200 new jobs across various facilities, supporting growth in key industries such as data centers and the power grid [2][6][7] Investment Details - A new production line for the Emax 3 circuit breakers will be established in Mississippi, enhancing energy security for critical infrastructure [3][5] - A $30 million investment will expand ABB's Richmond, Virginia facility, adding a test center and new assembly lines, creating around 100 new roles [6] - In Arecibo, Puerto Rico, over $30 million will be invested to accommodate three new production lines, generating 90 new skilled jobs by the end of 2026 [7] - A $35 million investment will increase the capacity of the Pinetops, North Carolina facility to meet demand for advanced grid components [8] Historical Context - From 2022 to 2024, ABB invested approximately $500 million in its US operations, including new manufacturing facilities in Wisconsin and New Mexico [9] - In 2024, ABB's revenue in the US was nearly $9 billion, representing about 27% of the total ABB Group revenue, with a significant portion generated from locally manufactured products [10]