# Hitachi ABB Power Grids to invest over $100 million in high-voltage switchgear realignment

Hitachi ABB Power Grids announced a strategic realignment of its global high-voltage switchgear business, with an investment of over $100 million to strengthen the High Voltage Products business. The plan includes consolidating GIS assembly from Hanau, Germany to Zurich, Switzerland, and enhancing capabilities in Asia, Middle East, Africa, and the US.

- Type: Investment
- Announced: 2020-09-23
- Where: Zurich, Switzerland, Switzerland
- Value: $100.0M
- Status: announced
- Products: high-voltage switchgear, gas-insulated switchgear
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Hitachi ABB Power Grids](https://endata.com/companies/8446.md)

## Sources

- [hitachi.com](https://www.hitachi.com/en/press/articles/2020/09/0924a/), 2020-09-23: "The move is expected to entail an investment of over $100 million to strengthen the High Voltage Products business which employs around 7,500 people globally"
- [hitachienergy.com](https://www.hitachienergy.com/news-and-events/press-releases/2020/09/hitachi-abb-power-grids-to-invest-over-100-million-in-strategic-realignment-of-global-high-voltage-switchgear-business), 2020-09-23: "The move is expected to entail an investment of over $100 million to strengthen the High Voltage Products business which employs around 7,500 people globally"
- [electroblues.com.ua](https://www.electroblues.com.ua/hitachi-abb-power-grids-investiruet-100-mln-v-proizvodstvo-vysokovoltnyh-raspredelitelnyh-ustrojstv/), 2020-10-08: "This optimization will increase competitiveness and strengthen our global leadership in high-voltage switchgear by more closely aligning the business with changing market needs."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
