ABB to Invest €100 Million in Global Innovation and Training Campus

ABB has announced it is to invest €100 million in Austria to build a state-of-the-art innovation and training campus. It is the largest organic investment in industrial automation in ABB’s more than 130-year history and lays the foundation for around 1,000 new high-tech jobs in Austria.

The new innovation and training campus will develop technologies for the factory of the future, based on ABB AbilityTM, in which production will be undertaken autonomously by smart and cloud-connected machines and robots. With this investment, ABB is delivering on its Next Level strategy, which defines innovation as a key driver of profitable growth. The company invests $1.4 billion in R&D annually, and has a team of around 30,000 R&D and application engineers.

The new research and development campus will cover 35,000 m² and be home to a significant number of state-of-the-art facilities. Alongside ultra-modern R&D laboratories, which will develop and test new automation technologies, from industrial control systems up to machine learning and artificial intelligence, there will be an Automation Academy to train and educate customers, partners and employees in these technologies. The ground-breaking ceremony is planned for this summer, and the new campus is expected to be up and running in the course of 2020. Once complete, the Eggelsberg site will be one of ABB’s largest research and development centers.

With the new campus, the world’s second-largest provider of industrial automation solutions will further expand its leadership position in machine and factory automation. The development of disruptive technologies will enable ABB to better serve the highly attractive $20-billion machine and factory automation market segment.

ABB is today the only industrial automation provider offering customers the entire spectrum of technology and software solutions around measurement, control, actuation, robotics, electrification and digitalization.

“We are well on track to achieve our goal of revenues of more than $1 billion soon,” said ABB CEO Ulrich Spiesshofer, at a press conference in Linz with the Austrian Chancellor, Sebastian Kurz.

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For more information: www.abb.com