ABB inaugurates fifth factory in Brazil
Brazil: ABB inaugurated its fifth factory in Brazil as part of $200-million investment to expand ABB’s technology development and production capacity in order to serve increasing domestic power demand.
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ABB wins power order to expand urban rail network in Brazil
Switzerland, Zurich: ABB has won a power order from CCR (Companhia de Concessões Rodoviárias) Group to provide power for expanded metro lines in the Greater Salvador area, Brazil. CCR Group is one of the largest private infrastructure conglomerates in Latin America.
ABB wins orders worth $ 160 million in Kuwait
Switzerland, Zurich: ABB has won orders worth approximately $ 160 million from the Ministry of Electricity and Water (MEW) to construct substations that will help strengthen the country’s power grid and support its growing infrastructure.
ABB wins offshore wind connection project from TenneT
According to their press release, ABB, has won a significant project from the Dutch-German transmission system operator TenneT to supply an AC power transmission link connecting Sandbank, an offshore wind farm in the German North Sea, to the HVDC converter station SylWin alpha.
Thomson Reuters names ABB as a Top 100 Global Innovator
Thomson Reuters recognised ABB, the leading power and automation technology group, as one of the world’s top 100 innovators, honoring ABB’s commitment to drive innovations, commercialization and intellectual property protection.
ABB sells Baldor’s generator-set business to Generac Holdings Inc.
ABB announced they have signed an agreement to sell all assets of Baldor’s generator-set business to Generac Holdings Inc. (NYSE:GNRC, “Generac”) – a leading producer of generators and other engine-powered products with the headquarters in Waukesha, Wisconsin, the US. The terms of the transaction, expected to close in the fourth quarter of 2013, were not disclosed.