ABB to invest $433m in new robotics factory
Electrification and automation company ABB will invest US$280 million (AU$433.2 million) to expand its manufacturing footprint in Europe by building a new European robotics campus in Sweden.
The new campus will serve as the hub for ABB Robotics’ offerings on the continent, providing customers with AI-enabled collaborative and industrial robots.
It will bring together automated manufacturing, R&D, customer experience and training centres to help develop the next generation of AI-enabled technologies.
Once complete, ABB will have invested US$450 million in its three robotics facilities since 2018, including its mega factory in Shanghai for the Asian market and the Auburn Hills facility in Michigan in the US that supports the Americas.
The new factory will also feature autonomous mobile robots that will transport materials and products between the warehouse, assembly stations and assembly departments. Construction is expected to commence next year. The campus will replace ABB’s existing robotics operations in Sweden.
ABB CEO Björn Rosengren said the investment in the facility is being driven by customer demand and projected market growth.
“Following important investments in China and the US, the new facility in Sweden will strengthen our capabilities in serving our customers in Europe with locally manufactured products in a growing market,” he said.
“Already today, around 95% of the robots ABB sells in the region are manufactured here. This is a strong commitment not only to our ‘local for local’ strategy, but to all our robotics customers across Europe.”
New Salesforce AI agent "may make chatbots obsolete"
Salesforce's new Einstein Service Agent is an AI customer service agent with a wide range of...
Teradata announces integration with DataRobot
Teradata has arranged to allow enterprise customers to import and operationalise DataRobot AI...
auDA launches inaugural Australian internet governance academy
The inaugural Asia Pacific Internet Governance Academy Australia (APIGA Australia) will be held...