# 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.

- Type: New facility
- Announced: 2023-03-31
- Where: Albuquerque, New Mexico, United States
- Value: $40.0M
- Jobs: 55
- Starts operating: 2024
- Status: announced
- Capacity: over 1 million units annually
- Products: cable products, Elastimold molded switches, switchgear
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [ABB](https://endata.com/companies/1547.md)

## Sources

- [manufacturing.net](https://www.manufacturing.net/video/video/22793819/abb-to-build-40m-cable-products-facility), 2023-03-31: "ABB plans to invest $40 million in the 90,000-square-foot location."
- [manufacturingdive.com](https://www.manufacturingdive.com/news/abb-plans-40m-new-mexico-plant-to-fortify-us-electric-grid/646661/), 2023-04-10: "Global electrical and automation manufacturer ABB is planning a $40 million manufacturing facility in Albuquerque, New Mexico, to bolster the U.S. electric grid."

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