ABB Ltd (NYSE:ABB)

21.41
Data as of Dec 19
 +0.19 / +0.90%
Today’s Change
19.92
Today|||52-Week Range
27.25
-19.39%
Year-to-Date
SECTOR
Producer Manufacturing
INDUSTRY
Industrial Conglomerates
MARKET CAP
$48.7B

Company Description

ABB Ltd. operates as a power and automation technology company. The company provides solutions for secure, energy-efficient generation, transmission and distribution of electricity, and for increasing productivity in industrial, commercial and utility operations. It operates through five divisions: Power Products, Power Systems, Discrete Automation & Motion, Low Voltage Products and Process Automation. The Power Products division manufactures products that can be placed in three categories: high-voltage products, medium-voltage products and transformers. This division sells primarily to utilities and also through channels such as distributors, wholesalers and installers. The Power systems division serves utilities, as well as industrial and commercial customers with system solutions and services for the generation, transmission and distribution of electricity. This division delivers solutions through four businesses: power generation, grid systems, substations and network management. The Discrete Automation and Motion division offers a wide range of products and services including drives, motors, generators, power electronics systems, rectifiers, power quality and power protection products, mechanical power transmission of rotating equipment, traction converters, solar inverters, wind turbine converters, electric vehicle charging infrastructure, programmable logic controllers, and industrial robots. This division provides low-voltage and medium-voltage drive products and systems for industrial, commercial and residential applications. The Low Voltage Products division offers a wide range of products and systems, with related services, that provide protection, control and measurement for electrical installations, enclosures, switchboards, electronics and electromechanical devices for industrial machines and plants. The main applications are in industry, building, infrastructure, rail and sustainable transportation, renewable energies and e-mobility applications. The Low Voltage Products division offering covers a wide range of products and services including low-voltage switchgears, breakers, switches, control products, DIN-rail components, automation and distribution enclosures, wiring accessories and installation material for any kind of application. The Process Automation division provides products, systems, and services for the automation and electrification of industrial processes. The Process Automation division offers standalone products, engineered systems and services for process control and measurement, safety, plant electrification, information management, assets management and industry-specific applications for a variety of industries, primarily pulp and paper, metals, minerals and mining, chemical, oil and gas, marine, pharmaceuticals and the power industry. ABB was founded on January 5, 1988 and is headquartered in Zurich, Switzerland.

Contact Information

ABB Ltd.
Affolternstrasse 44
Zurich Zurich 8050
P:(143) 317-7111
Investor Relations:
(143) 317-3804

Employees

Shareholders

Other institutional2.58%
Mutual fund holders1.53%
Individual stakeholders--

Top Executives

Ulrich SpiesshoferChief Executive Officer
Eric A. ElzvikChief Financial Officer & Executive Vice President
Claes RytoftHead-Research & Development
Pekka TiitinenHead-Discrete Automation & Motion division
Frank DugganHead-Global Markets

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