Featured image courtesy of ABB. Electrification and automation manufacturing conglomerate ABB announced plans to spin off its robotics division, marking its largest portfolio shift since divesting its ...

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It has 461 offices in 85 countries around the world, including 43 in North America. ABB employs 17,000 across 40 manufacturing, distribution, and R&D locations in 20 states. This investment in ...

ZURICH (Reuters) - Swiss engineering group ABB is expanding its local production in the United States and other countries to mitigate the impact of tariffs imposed by U.S. President Donald Trump ...

Swiss industrial group ABB (OTCPK:ABBNY) plans to spin off its entire robotics division, the world's second-largest industrial robotics business. It generated sales of $2.3B in 2024, equivalent to ...

ABB’s ABBN4.40%increase; green up pointing triangle first-quarter earnings increase exceeded analysts’ expectations, and the company said it intends to spin off its robotics division. The ...

ABB Ltd. plans to spin off and list its robotics unit next year as the Swiss manufacturer aims to improve its least profitable division as a standalone company. The business, which makes ...

ZURICH (Reuters) -Swiss industrial group ABB on Thursday announced plans to spin off its robotics division in the biggest shake up at the company since it sold its power grids business to Japan's ...