ABB Invests $90-Million in Canada
Swiss engineering firm ABB to establish North American research and development facility in Montréal.
A $90-million investment by Swiss engineering firm ABB means that Canadians will be developing next-generation solutions for electric vehicles.
The company’s new Montréal facility, set to open in 2017, will house ABB’s North American Centre for Excellence in e-Mobility, which will focus on developing energy-management solutions for electric buses and trains.
“As a pioneering technology leader, ABB is helping its customers unlock value from digitalization and the Energy and Fourth Industrial revolutions,” said Ulrich Spiesshofer, President and Chief Executive Officer, ABB. “With its excellent universities and associated ecosystem, Canada provides all the right ingredients for research and development needed to develop global technology platforms.”