# ABB breaks ground on $40M manufacturing facility in Albuquerque

ABB Installation Products broke ground on a new 90,000-square-foot manufacturing facility in Albuquerque, New Mexico, to produce Elastimold cable accessories. The $40 million investment will create 55 new jobs, with operations expected to begin in late 2024.

- Type: New facility
- Announced: 2023-12-13
- Where: Albuquerque, New Mexico, United States
- Value: $40.0M
- Jobs: 55
- Starts operating: Q4 2024
- Status: under construction
- Capacity: 90,000 square feet
- Products: Elastimold cable accessories, cable accessory solutions
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

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

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2023/12/13/2795853/0/en/ABB-breaks-ground-on-new-US-manufacturing-facility-to-support-the-electric-utility-sector-and-transition-to-clean-energy.html), 2023-12-13: "ABB’s investment in a new manufacturing facility expands our production capabilities and doubles our capacity to support utilities in revitalizing the US energy infrastructure and tackling climate solutions."
- [globenewswire.com](https://www.globenewswire.com/news-release/2023/12/13/2795853/0/en/abb-breaks-ground-on-new-us-manufacturing-facility-to-support-the-electric-utility-sector-and-transition-to-clean-energy.html), 2023-12-13: "ABB’s investment in a new manufacturing facility expands our production capabilities and doubles our capacity to support utilities in revitalizing the US energy infrastructure and tackling climate solutions."

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