ABB and Meiden establish joint venture in Japan

2004-01-27 - New company produces surge arresters with polymeric housing

Zurich, Switzerland, January 27, 2004 - ABB, the leading power and automation technology group, has entered into a joint venture with a Japanese company, Meidensha Corporation (MEIDEN), to produce surge arresters, used for the protection of power networks.

The new jointly-run company, MSA Co. Ltd., will produce gapless zinc oxide surge arresters. It will start with about 50 employees and is targeting annual revenues of about US$ 15 million.

ABB said the joint venture will provide improved access to the Japanese power transmission and distribution market.

ABB will grant MSA a license to use its state-of-the-art polymer surge arrester technology. MSA will use MEIDEN’s surge arrester development and production, and develop its own sales channel.

ABB (www.abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 120,000 people.

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    ABB is a leading supplier of polymer type surge arresters

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