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Automation technology maker B&R is expanding production capacity at its Eggelsberg and Gilgenberg sites in Austria, creating 100 new jobs in production and warehousing. The company cites strong order growth and an expanded Automation Campus of 35,000 m² in Eggelsberg.
ABB is investing in a new R&D center at B&R headquarters in Eggelsberg, expanded production capacity in Gilgenberg, and an expanded technical office in Salzburg to add 50 developers. No investment value was stated.
Power and automation group ABB agreed to acquire North American low voltage product maker Thomas & Betts in a transaction described as approximately USD 3 billion.