BrainBox AI in Agreement to Acquire ABB’s Multisite Retail Energy Management System Integrator Business May 18, 2023 BrainBox AI intends to integrate ABB’s MSR business and its installed base of 12,000-plus retail locations in its current operations.Read More
ABB Acquires Siemens’ Low-Voltage NEMA Motor Business May 5, 2023 The business employs around 600 people and generated revenues of approximately $63 million in 2021.Read More
ABB invests $170 million in the US April 14, 2023 ABB is accelerating its growth strategy in the U.S. by investing approximately $170 million and creating highly skilled jobs in manufacturing, innovation, and distribution operations. Read More
ABB to expand Robotics factory in US March 20, 2023 $20 million investment aims to increase production at ABB’s existing Auburn Hills, Michigan, facility. Read More
CPS Products Acquires AAB Smart Tools LLC November 30, 2016 Based in Orlando, Florida, AAB develops smart device-connected tools serving the HVAC technician. Read More
ABB Divests Thomas & Betts Sale Expected to Close in Second Quarter of 2014 April 14, 2014 ABB said it is divesting Thomas & Betts because of limited synergies with ABB’s core portfolio. Read More
HVAC Financial Report: March 10, 2014 March 10, 2014 ABB (Zurich) increases the dividend to CHF 0.70 per share. Read More
May 14, 2013: CEO Joe Hogan to Leave ABB May 14, 2013 ABB CEO Joe Hogan has decided to leave the company for personal reasons. Read More
