CARY, N.C. - ABB has announced that its North American corporate headquarters is being moved to Cary, N.C., from Norwalk, Conn. The company said the move is effective immediately, though the transition will be a gradual one as ABB transfers various executive and administrative functions to its new home over the next several years.

Cary was selected over four other United States cities considered for the North American headquarters. The Cary office will oversee more than 15,000 employees in operations across the U.S., Canada, Mexico, Central America, and the Caribbean.

“ABB already has a significant and growing presence in the Raleigh-Cary metropolitan area in terms of proximity to some of our key customers, our employee base, and various divisional headquarters,” said Enrique Santacana, president and CEO of ABB in North America. “After a thorough analysis of economic trends, commercial property rates, and other cities, it became clear that there were many advantages in moving our headquarters to Cary.”

The Raleigh-Cary area was rated by the United States Census as the fastest-growing metropolitan region in the country in 2008. “We look forward to becoming a greater part of the Triangle business community and contributing to the tremendous growth and success of the region,” said Santacana.

Publication date:04/20/2009