US$13 million investment by ABB to expand presence in Canada

October 03, 2022

This will support rising global demand, especially in the data center segment, and is ABB’s second multimillion-dollar investment in a Canadian site in the last 12 months. “ABB’s latest investment is part of a five-year strategy to advance our digital capabilities and foster continued innovation,” said Matthias Heilmann, President of ABB Electrification’s Installation Products division. With more than 200,000 products under more than 38 premium brand names, ABB Installation Products solutions can be found wherever electricity is used. ABB (ABBN: SIX Swiss Ex) is a leading global technology company that energizes the transformation of society and industry to achieve a more productive, sustainable future. By connecting software to its electrification, robotics, automation and motion portfolio, ABB pushes the boundaries of technology to drive performance to new levels.

The source of this news is from ABB