ABB celebrated the opening of its new 90,000-square-foot greenfield manufacturing facility in Albuquerque, New Mexico. This state-of-the-art plant represents an investment exceeding $40 million.
The new facility is designed to double the production capacity of ABB Elastimold® cable accessories and solutions. These products are critical for grid hardening and renewable energy applications.
The Albuquerque team will now produce solutions that support electric power distribution, undergrounding, storm safety, and fire mitigation. This expansion enhances ABB's capability to meet increasing demand in these vital sectors.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.