ABB, Zurich, Switzerland, long a major player internationally in power systems, drives and industrial motors, has nonetheless struggled to gain a significant foot-hold in the North American industrial market. Last week, though, ABB announced a move that may give it what it’s been seeking — a purchase that will give it much greater leverage in the multi-billion dollar North American industrial motors business and position it as a global leader for movement and control in industrial
All access premium subscription
Only Electrical Marketing newsletter subscribers have access to premium content.
Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.
Sign up for the Electrical Marketing newsletter to get access.