ABB to build $40M cable products facility in Albuquerque

ABB announced a new 90,000-square-foot manufacturing facility in Albuquerque, New Mexico, with a $40 million investment. The factory will create 55 jobs and produce cable products for grid hardening, with completion expected in 2024.

“ABB plans to invest $40 million in the 90,000-square-foot location.”manufacturing.net

• 2 sources
• manufacturing.netABB to Build $40M Cable Products Facility | Manufacturing.netNolan Beilstein, Unit 202 Productions, Alex ShanahanMar 31, 2023
• manufacturingdive.comABB plans $40M New Mexico plant to fortify US electric grid | Manufacturing DiveMegan RugglesApr 10, 2023

Summarized from public sources; check the original articles before acting on it.