Industrial automation and energy giant ABB says it will invest a further $110 million in the United States in 2025 to expand the R&D and manufacturing of its advanced electrification solutions as customers focus on improving energy efficiency and uptime while reducing their energy costs.
The IEA estimate US wholesale electricity prices rose by 30-40 percent in the first half of 2025, compared with 2024.
Creating nearly 200 new jobs, the investment will support expected future growth in key industries, including data centers and the power grid. Rapid expansion of data centers in the US is expected to keep annual electricity demand growth above 2 percent in both 2025 and 2026, more than double the average growth rate over the past decade (IEA). [Read more…] about ABB to invest an extra $110 million in US manufacturing