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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