25.06.2024 14:17:20 - dpa-AFX: ABB To Invest Over $35 Mln In Earthing, Lightning Protection Solutions
ZURICH (dpa-AFX) - ABB Ltd (ANN.L, ABB), a Swiss technology major, said on
Tuesday that it is investing over $35 million in a greenfield facility in
Nottingham, U.K. to meet the increased demand for Furse earthing and lightning
protection solutions.
The new Greenfield manufacturing and R&D facility is expected to be opened in
early 2025.
More than 100 staff of the company will relocate to the new 9,500 square meter
facility from the existing 6,300 square meter ABB Installation Products
Nottingham foundry.
The new campus will occupy nearly five acres in Fairham Business Park, within
close proximity of ABB's existing Wilford Road site.
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