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ABB Strengthens Presence in Switzerland - Investment of CHF 40 million to upgrade global center of excellence for power electronics - ABB.com
ABB Strengthens Presence in Switzerland

 

PRZOOM - /newswire/ - Zurich, Switzerland, 2020/09/08 - Investment of CHF 40 million to upgrade global center of excellence for power electronics - ABB.com. ABBN: SIX Swiss Ex

   
 
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ABB is investing about CHF 40 million in new research and development facilities and office space for its Motion and Industrial Automation Business Areas at the company’s largest Swiss location in Turgi in the canton of Aargau. The investment will enable ABB to strengthen its position in a number of high-growth areas while also enabling the company to expand its innovation capabilities.

By 2024, a new multipurpose building will be constructed in Turgi that meets the highest standards for energy efficiency and collaboration among employees. The location will span 7,000 square meters and offer attractive, modern workplaces through a combination of office space and research and development facilities. The new smart building will feature ABB’s portfolio of intelligent products and systems along with digital technologies to control building automation and power distribution. These solutions make an important contribution to energy efficiency, climate protection, resource conservation, comfort and convenience. Construction is scheduled to start in the spring of 2021.

Robert Itschner, Country Managing Director ABB Switzerland: “This investment is the most significant we have made in Switzerland over the past decade and will strengthen ABB’s global center of excellence for power electronics from R&D all the way to production. By working tirelessly to drive innovation, ABB will continue to contribute to improving energy efficiency and sustainability in mobility, industry and infrastructure now and in the future.”

Urs Hofmann, Councilor and Head of the Department of Economics and Interior of the Canton of Aargau: “ABB’s investment in Turgi supports our efforts to position Aargau as a technology and industry-focused canton and we are very pleased with the decision. It also underscores the positive interaction between authorities and businesses in creating innovative workplaces that are full of promise for the future.”

ABB has developed and manufactured efficient, sustainable technology solutions in Turgi for years, including traction converters used in drive systems for trains, e-buses and trams, among others. As a global center of excellence, Turgi will play an important role in the advancement of these technologies, as the proximity between research, development and production facilities here fosters an optimal exchange of ideas and information. The investment into the location will allow ABB to move forward with sustainable solutions in an even more efficient manner.

ABB has operated its location in Turgi since 1967 and currently employs around 1,100 people there in its Motion and Industrial Automation, mainly Energy Industries, Business Areas. The 48,000 square meter premises house production halls, research and development facilities and office space.

ABB (abb.com) is a leading global technology company that energizes the transformation of society and industry to achieve a more productive, sustainable future. By connecting software to its electrification, robotics, automation and motion portfolio, ABB pushes the boundaries of technology to drive performance to new levels. With a history of excellence stretching back more than 130 years, ABB’s success is driven by about 110,000 talented employees in over 100 countries.

 
 
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Agency / Source: ABB Robotics / ABB Ltd

 
 

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ABB Strengthens Presence in Switzerland

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