ABB Robotics is making a $20-million capital improvement effort to increase manufacturing capacity at its Auburn Hills, Mich., plant. “Our investment is a significant step in accelerating ABB Robotics ...

Investment of $20 million will increase production at its existing Auburn Hills facility and strengthen ABB’s US leadership Newly expanded, highly automated facility will create new jobs in the state ...

ABB has just strengthened its commitment to one of its largest customer markets - the U.S. - with construction starting on the expansion of its existing North American robotics headquarters and ...

European technology services giant ABB Asea Brown Boveri Ltd., better known as ABB, said today it has acquired a startup called Sevensense Robotics AG that specializes in improving the mobility and ...

In a move that could redefine the landscape of industrial automation, ABB, the Swiss-Swedish multinational corporation, is reportedly weighing options to divest its highly acclaimed robotics division.

ZURICH/TOKYO (Reuters) -SoftBank Group has agreed to buy the robotics business of Swiss engineering group ABB in a $5.4 billion deal, as the Japanese investor forges ahead with a strategy to fuse ...

(Bloomberg) -- SoftBank Group Corp. agreed to acquire ABB Ltd.’s industrial robots unit at an enterprise value of almost $5.4 billion, reflecting billionaire Masayoshi Son’s growing bets on emerging ...

ABB Robotics has expanded its modular large robot portfolio with the introduction of the new IRB 7710 and IRB 7720. The new robots, combined with recently launched IRB 5710-IRB 5720 and IRB 6710-IRB ...

“A growing shortage of skilled labor requires the further simplification of automation and programming, especially among small and medium-size enterprises where complexity is seen as a major barrier ...

The number of operational robots around the globe hit a new record in 2023, reaching 3.9 million units, according to the International Federation of Robotics. The demand is driven by a wide range of ...

I recommend ABB Ltd as a Buy with a $64.39 price target, driven by strong market opportunities in automation, electrification, and data centers. ABB's planned divestiture of its robotics unit could ...

HOUSTON--(BUSINESS WIRE)--Vyripharm Enterprises Inc. (VEI), a Texas biopharmaceutical/biotechnology company based in the Texas Medical Center (TMC) in Houston, and ...