ABB (ABBN: SIX Swiss Ex)

Company Overview

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  • Founded 1901

Company Description

ABB (ABBN: SIX Swiss Ex) is a pioneering technology leader in electrification products, robotics and motion, industrial automation and power grids, serving customers in utilities, industry and transport & infrastructure globally. Continuing a history of innovation spanning more than 130 years, ABB today is writing the future of industrial digitalization and driving the Energy and Fourth Industrial Revolutions. As title partner of Formula E, the fully electric international FIA motorsport class, ABB is pushing the boundaries of e-mobility to contribute to a sustainable future. ABB operates in more than 100 countries with about 136,000 employees. www.abb.com

The company in its current form was created in 1988, and quickly established a presence in the US through acquisitions as well as organic growth. Westinghouse, Combustion Engineering, Bailey Controls and many other highly respected firms joined the ABB family. In the last few years, ABB has dramatically expanded its US operations with the acquisitions of Baldor (motors, mechanical power transmission), Thomas & Betts (low-voltage products), Ventyx (enterprise software) and PowerOne (solar inverters).


ABB’s success has been driven particularly by a strong focus on research and development. One of its seven global R&D centers is located on the campus of North Carolina State University in Raleigh along with its Smart Grid Center of Excellence and the regional headquarters for ABB’s power-related businesses.


This focus on technology development has produced numerous breakthroughs and industry firsts, many in the United States, from the world’s largest drive at NASA’s National Transonic Facility Wind Tunnel in Virginia to the world’s largest battery energy storage system in Fairbanks, Alaska. ABB has even supplied robots featured in the Terminator and Iron Man films.


Today, ABB stands as a global leader in power and automation, and the US represents its largest growth market. Cary, NC is home to the region HQ