ABB relocates HQ to Cary, North Carolina
The move is effective immediately, though the transition will be a gradual one as ABB transfers various executive and administrative functions to its new home over the next several years.
Cary was selected over four other U.S. cities considered for the North American headquarters. The Cary office will oversee more than 15,000 employees in operations across the United States, Canada, Mexico, Central America and the Caribbean.
“ABB already has a significant and growing presence in the Raleigh-Cary metropolitan area in terms of proximity to some of our key customers, our employee base, and various divisional headquarters,” said Enrique Santacana, president and CEO of ABB in North America. “After a thorough analysis of economic trends, commercial property rates and other cities, it became clear that there were many advantages in moving our headquarters to Cary.”
ABB is the world’s leading provider of transmission and distribution equipment for the power grid and renewable energy sources, including grid modernization (the “smart grid”). It is also a leader in automation products and process automation systems, providing both its power and automation customers with greater energy efficiency, grid reliability and industrial productivity.
Related News
How vehicle-to-building charging can save costs, reduce GHGs and help balance the grid: study
OTTAWA - The payback that usually comes to mind when people buy an electric vehicle is to drive an emissions-free, low-maintenance, better-performing mode of transportation.
On top of that, you can now add $38,000.
That, according to a new report from Ontario electric vehicle education and advocacy nonprofit, Plug‘n Drive, is the potential lifetime return for an electric car driven as a commuter vehicle while also being used as an electricity storage option in Ontario’s electricity system.
“EVs contain large batteries that store electric energy,” says the report. “Besides driving the car, [those] batteries have two other potentially useful applications:…
