2012-09-19 - Company positioned for continued growth in North American market with its first high-voltage cables plant outside Europe
A new plant making high-voltage cables has opened in Huntersville, NC, to contribute to the development of the North American power system.
The plant has a distinctive 131 meter extrusion tower, built to allow the insulation material to cool symmetrically around the metal cable conductor. It is ABB’s first high-voltage cable plant outside Europe, and will manufacture high-voltage transmission cables for both AC and DC applications.
The cables produced at the new facility are also well suited to bringing power from remote wind and solar installations to the grid. More than 130 people will work at the $90 million facility built by ABB.
The company has invested more than $11 billion in the past three years on acquisitions such as Baldor Electric and Thomas & Betts as well as expansions to existing plants. ABB now employs nearly 30,000 people across the US, Mexico and Canada.
Stay in the loop: