Saturday, April 1, 2023

ABB Funds U.S. Robot Factory as Businesses Look to Restore Operations

By ET Bureau - March 17, 2023 1 Mins Read


ABB, a Swedish-Swiss multinational corporation headquartered in Zürich, Switzerland, plans to scale its U.S. robot factory operations as the customers in the automotive, packaging, and machinery industries plan to bring production back to the home country. With competitors like Japan’s FANUC and Germany’s Kuka, the Swiss engineering organization plans to spend USD 20 million to scale its capacity in the Auburn Hills site in Michigan to suffice the demand increased due to the Biden administration’s massive industrial stimulus package.

There is tremendous growth expected as U.S. organizations plan to get production closer to home to avoid supply chain disruptions.

Read More: ABB invests in US robot factory as reshoring trend hots up

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ET Bureau

The Enterprise talk Bureau has five well-trained writers and journalists, well versed in B2B enterprise technology industry, and constantly in touch with industry leaders for the latest trends, opinions, and other inputs- to bring you the best and latest in the domain.

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