Tag Archives: ABB

Industry News

Sometimes there’s just too much going on. If ‘Mergers & Acquisitions’ were a weekly edition, all of us would die of boredom. However, when important companies make decisions, money moves around, and new ideas come on the market, it can’t be left alone. That’s why the ‘Industry News’ block saves the day every month or […]

Continue reading

ABB: A Bad Break

ABB uncovers criminal activity in its South Korea subsidiary ABB has uncovered a “sophisticated criminal scheme”, related to a significant embezzlement and misappropriation of funds in its South Korean subsidiary ABB Korea, the company reported February 22. The amount is estimated to be around 100 million dollars. The man responsible for the scheme is reportedly Oh […]

Continue reading

Big Name Round-up

News from Toshiba, Siemens, ABB, Schneider, and more… Names familiar to EA readers have caught headlines recently, for a multitude of reasons. Here’s a summation of recent activity that includes some of the more recognizable names in the industry. ABB inks offshore project with Statoil off Norway. The company has signed a “project specific agreement” for the […]

Continue reading

Need A Lift?

In the Swiss Alps, ABB powers first chairlift for the disabled In Switzerland, some holiday uplift for even the crankiest scrooge. Beginning this winter season at the Madrisa ski resort in the Swiss Alps, a new, wheelchair-accessible chairlift model is in operation. The handicap and disabled-friendly Madrisa 6-seater lift is the first of its kind, and […]

Continue reading

Smart Sensors

ABB among companies to roll out new line of solutions Like it or not, maintenance is maturing. There are just as many solutions being unveiled now that use cloud technology and remote capability as there is everything else. In what some are calling a “new era”, spearheaded by remote condition monitoring for low voltage motors, […]

Continue reading

Reinforcements

ABB brings in ex-Siemens exec to revive struggling automation division Switzerland’s ABB Ltd has hired a former Siemens executive to run a division that makes motors, generators, and robots and whose profit margins have shrunk for five straight quarters amid sluggish demand for its products, the engineering company said in a statement Monday. ABB named Sami Atiya as […]

Continue reading

Famous Faces

At Hannover Messe, Obama and Merkel tour the floor After recapping Hannover Messe last week, compelling moments from the trade fair continue to trickle in. Two of the most recognizable world leaders standing in front of a model of an electric motor is a great place to start. President Barack Obama and German Chancellor Angela Merkel (who […]

Continue reading

“Wearables” for Electric Motors

Sensors will allow remote capability Remotes have never done anything except make everything easier. Today, research includes exploring how they can be applicable to industrial electric motors. “Wearables” are sensors that can be placed on motors and remotely linked to, and controlled by, smartphones or other portable electronic devices. These emerging technologies have attracted a number of beta users […]

Continue reading

Venetian Innovation

ABB will install sytem to protect Venice from flooding ABB has committed to an advanced integrated automation and electrical solution for the largest Italian public works project of the last century; an innovative flood barrier system designed to protect Venice, Italy from impending flooding. The company announced the agreement in a press release on April 4. […]

Continue reading

ABB Making Moves

Four announcements in past week An automation company has been in motion this week – in more ways in one. ABB Group, of Zurich, Switzerland, has been active this past week with a combination of acquisitions, releases, partnerships and projections. Last Wednesday, the company announced the groundbreaking of a new, $70-million, 300,000-square foot tech center […]

Continue reading