The ABB Group has announced a significant investment of $280 million to construct a new ABB Robotics European Campus in Västerås, Sweden. The purpose of this investment is to expand the organization’s European operations and increase production capacity by 50%. The new campus is scheduled to be opened in late 2026.
Spanning an impressive 700,000 square feet, the campus will act as a central hub for ABB’s Robotics offerings in Europe. It will bring together research and development, customer experiences, training centers, and automated manufacturing in one consolidated location. This new facility will replace an existing site and will allow ABB to better cater to customer demand and projected market growth.
Björn Rosengren, the CEO of ABB Group, stated that the investment in the new campus is a response to the increasing demand for ABB’s products and the growth of the European market. He also emphasized the organization’s commitment to their “local for local” strategy. Currently, approximately 95% of the robots that ABB sells in Europe are manufactured in the region. The new facility in Sweden will further strengthen their capabilities in serving customers in Europe with locally manufactured products.
This investment in the Swedish campus follows ABB’s previous investments in robotics facilities in China and the United States. In total, ABB will have invested $450 million in three robotics facilities since 2018. The factory in Shanghai supports the Asian market, while the venue in Auburn Hills, Michigan serves North and South America.
Overall, the construction of the ABB Robotics European Campus in Sweden signifies the organization’s commitment to meeting customer needs and fulfilling market demands. It further solidifies ABB’s position as a leading provider of robotics solutions worldwide.
Definitions:
– ABB Group: A multinational corporation specializing in robotics, automation, and electrical equipment.
– Robotics: The branch of technology that deals with the design, construction, operation, and application of robots.
Sources:
– MarketScreener (no URL provided)