ABB expands manufacturing capacity in Oklahoma

URLhttps://www.investmentmonitor.ai/news/abb-to-expan
SourceInvestment Monitor
Date Published11/11/2023

Additional Reshoring Information:

Company/Division name ABB
Parent companyABB Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2023
Capital investment ($):170
Country(ies) from which reshored:Sweden
City reshored to:Bartlesville
State(s) reshored to:OK
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredautomation tech
What domestic positive factors made reshoring more attractive?Automation/technology, Higher productivity, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market
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