ABB To Invest In Memphis Area For North America Growth
The company will invest $30 million in the project.
ABB will invest $30 million in building a new manufacturing site and expanding its customer experience center for its Low Voltage Products division in the Memphis area, Tennessee.
The investment will initially create more than 200 jobs, with a further 100 jobs expected to be added over the next five years. ABB's total workforce in the Americas has tripled over the last five years to about 20,000 as the company has expanded across the region, including its $3.9 billion purchase of Memphis-based, electrical components maker Thomas & Betts in 2012.