ABB announces it will invest $120 million in the United States to expand the production capacity of its low voltage electrification products. The investment will enable ABB to meet increasing demand from customers in a wide range of key growth industries, including data centers, buildings and utilities. ABB expects to create fifty new jobs at a new advanced manufacturing facility in Selmer, Tennessee, and will double the size of its existing manufacturing site in Senatobia, Mississippi, creating 200 new jobs.
“Demand is increasing steadily for advanced electrification technologies, driven by growth in key sectors including data centers and utilities. Today’s announcement will support our future growth in the US, ABB’s largest global market,” says Morten Wierod, ABB’s chief executive officer. “Our new facilities in Selmer and Senatobia will keep our US customers at the cutting edge of the energy transition, and help them meet their performance, productivity and energy efficiency goals.”
As part of the commitment, ABB will invest $80 million to build a new, 320,000 square foot facility in Selmer, Tennessee. ABB will also invest $40 million to double the footprint of its Senatobia, Mississippi.