ABB Ltd (NYSE:ABB)

During the Trading Day
24.01 +0.22 / +0.92%
Data as of 4:01pm ET
Day’s Change
During After-Hours   Switch to standard view »
24.02 +0.01 / +0.04%
 
Volume: 40.5K
SECTOR
Producer Manufacturing
INDUSTRY
Industrial Conglomerates
MARKET CAP
$54.7B

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 segments: Power Products, Power Systems, Discrete Automation & Motion, Low Voltage Products and Process Automation. The Power Products segment is supplier of transformers in electric and other infrastructure utilities, industries across the spectrum and commercial enterprises. It offers various products across voltage levels includes circuit breakers, switchgear, capacitors, instrument transformers, power distribution and traction transformers, as well as a complete range of medium voltage products. The Power systems segment offers turnkey solutions for traditional and renewable energy based power generation plants, transmission grids and distribution networks. It offers its solutions to power generation, transmission and distribution utilities, other infrastructure utilities, industries across the spectrum and commercial enterprises. The Discrete Automation & Motion segment supplies industrial electric motors and drives to manufacturers, original equipment manufactures in a variety of industries, end users in variety of process industries. The segment offers motors, generators, drives, mechanical power transmission, robotics, programmable logic controllers, wind converters, solar inverters, voltage regulators, rectifiers, UPS systems, excitation systems, traction converters and fast DC chargers. The Low Voltage Products segment offers products and solutions suitable for multiple electrical applications from residential home automation to industrial buildings, including low-voltage circuit breakers, switches, control products, wiring accessories, enclosures and cable systems designed to ensure safety and reliability. It serves various customers such as distributors, installers, panel builders, original equipment manufacturers, system integrators, contractors, architects and end users. The Process Automation segment offers products, systems and services designed to optimize the productivity of industrial processes. Its solutions include turnkey engineering, control systems, measurement products, life cycle services, outsourced maintenance and industry specific products. The segment serves various process industries such as oil and gas, petrochemicals, mining, metals production, marine, pulp and paper, and cement. 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:

Employees

Shareholders

Other institutional2.87%
Mutual fund holders1.19%
Individual stakeholders--

Top Executives

Ulrich SpiesshoferChief Executive Officer
Eric A. ElzvikChief Financial Officer & Executive Vice President
Claes RytoftHead-Corporate Technology
Pekka TiitinenGlobal Head-Drives & Controls Business
Frank DugganHead-Global Markets

To view my watchlist

Not a member yet?

Sign up now for a free account
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.