ABB to invest $40 million to build facility in New Mexico
April 5, 2023
The company will invest $40 million to build the 90,000-square-foot greenfield facility, which will produce cable products under ABB’s Installation Products Division.
ABB has plans to build a new manufacturing plant in Albuquerque, New Mexico. The company will invest $40 million to build the 90,000-square-foot greenfield facility, which will produce cable products under ABB’s Installation Products Division. The project, which will be completed in 2024 and generate 55 new jobs, will allow ABB to produce an additional one million units annually.
In a recent quote, Matthias Heilmann, President of ABB Electrification’s Installation Products division, said, “As the focus on strengthening the US infrastructure and electric grid intensifies, ABB’s latest investment in Albuquerque will advance our production capabilities and significantly boost capacity to meet the needs of utilities for safe, reliable and innovative solutions that are easier to install and maintain. Continuing to grow our US manufacturing operations and distribution network accelerates our ability to deliver high-demand electrical products our partners rely on to manage today’s needs and prepare for tomorrow’s energy demands.”
Investing in American Manufacturing - 2023
This map shows where manufacturers are choosing to invest their resources, whether they are building new production facilities or expanding existing plants.
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