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ABB unveils $60M U.S. tech investment

Mar. 14, 2017 10:39 AM ETABB Ltd (ABBNY) StockABBNYBy: Yoel Minkoff, SA News Editor
  • The investments for power distribution and protection, and residential circuit protection, complete (ABB -0.3%)'s portfolio extending its broad range of installation products from Thomas & Betts, the business ABB acquired in 2012.
  • It builds on the $10M investment to localize production in Senatobia, Mississippi, for a range of electrical components and systems previously manufactured overseas.

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