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United States

Profile: ABB Ltd (ABB)

ABB on New York Consolidated

26.20USD
8 Dec 2017
Change (% chg)

$0.39 (+1.51%)
Prev Close
$25.81
Open
$26.02
Day's High
$26.21
Day's Low
$25.96
Volume
4,293,390
Avg. Vol
1,531,514
52-wk High
$26.48
52-wk Low
$20.80

ABB Ltd (ABB), incorporated on March 5, 1999, is a holding company. The Company's segments include Electrification Products, Robotics and Motion, Industrial Automation, Power Grids, and Corporate and Other. The Company operates through four divisions: Electrification Products, Robotics and Motion, Industrial Automation and Power Grids. The Company is engaged in serving customers in utilities, industry and transport and infrastructure globally.

Electrification Products

The Electrification Products division provides solutions across the full electrical value chain from the substation to the point of consumption. The Electrification Products segment manufactures and sells products and services including low- and medium-voltage switchgear (air and gas insulated), breakers, switches, control products, Deutsches Institut fur Normung (DIN) rail components, automation and distribution enclosures, wiring accessories and installation material for a range of applications. It also includes the solar inverters, electric vehicle chargers and power protection activities. It also offers modular substation packages, distribution automation products, switchgear, circuit breakers, measuring and sensing devices, control products, wiring accessories, and enclosures and cabling systems, including KNX systems (global standard for home and building control) designed to integrate and automate a building's lighting, heating and ventilation, and security and data communication networks. It serves industry segments, including buildings, data centers, rail, wind and solar, food and beverage, marine and oil and gas.

Robotics and Motion

The Robotics and Motion segment manufactures and sells motors, generators, variable speed drives, robots and robotics, wind converters, rectifiers, excitation systems, components and subsystems for railways, and related services for a range of applications in discrete automation, process industries, transportation and utilities. The Robotics business offers robots, controllers, software systems, as well as complete robot automation solutions and a range of services for automotive, as well as for the general industry. The Motors and Generators business supplies a range of electrical motors, generators, and mechanical power transmission products. The Drives and Controls business provides low-voltage and medium-voltage drives and systems for industrial, commercial and residential applications. Drives provide speed, torque and motion control for equipment, such as fans, pumps, compressors, conveyors, centrifuges, mixers, hoists, cranes, extruders, printing and textile machines.

The Power Conversion business produces excitation and synchronizing systems that provide stability for power stations and high power rectifiers that convert alternating current (AC) to direct current (DC) for high-current applications, such as electric arc furnaces and aluminum smelters. It also manufactures solar inverters, wind turbine converters, uninterruptible power supply systems and converters for power protection, as well as rail traction converters, DC wayside power solutions and a range of solutions for charging of electric vehicles. It also offers services, including design and project management, engineering, installation, training and life-cycle care, energy efficiency appraisals and preventive maintenance. Its customers include machinery manufacturers, process industries, such as pulp and paper, oil and gas, and metals and mining companies, hybrid and batch manufacturers, such as food and beverage companies, rail equipment manufacturers and discrete manufacturing companies.

Industrial Automation

The Industrial Automation segment develops and sells control and plant optimization systems, automation products and solutions, including instrumentation, as well as industry-specific application knowledge and services for the oil, gas and petrochemicals, metals and minerals, marine and turbocharging, pulp and paper, chemical and pharmaceuticals, and power industries. The Oil, Gas and Chemicals business provides solutions across the entire hydrocarbon value chain, from exploration and production to supply, transport and distribution, as well as refining, chemicals and petrochemicals. Its other process industry markets served include mining, minerals processing, metals, pharmaceuticals and pulp and paper, as well as their associated service industries.

The Company serves the power generation market with automation solutions for a range of power generation such as coal, gas, combined-cycle, waste-to-energy, as well as renewable sources, such as hydro, solar, wind and biomass. The Company services the marine and ports business through its solutions for specialty vessels, container and bulk cargo handling. The offerings of the Measurement and Analytics business are designed to measure product properties, such as weight, thickness, color, brightness, moisture content and additive content. It manufactures and maintains turbochargers for diesel and gas engines.

Power Grids

The Power Grids segment supplies power and automation products, systems, and service and software solutions for power generation, transmission and distribution to utility, industry, transportation and infrastructure customers. These offerings address evolving grid developments, which include the integration of renewables, network control, digital substations, microgrids and asset management. The segment also manufactures a range of power, distribution and traction transformers, an array of high-voltage products, including circuit breakers, switchgear, capacitors and power transmission systems.

The Grid Systems business provides high-voltage, direct current (HVDC) systems. These systems use Line Commutated Converter (HVDC Classic) technology or Voltage Sourced Converter (HVDC Light) technology. The Grid Integration business provides transmission and distribution substations and associated life-cycle services. The Transformers business supplies transformers. The High Voltage products business provides high-voltage switchgear with a portfolio spanning air-insulated, gas-insulated and hybrid technologies. It also manufactures generator circuit breakers. The Grid Automation business supplies substation automation products, systems and services. It also provides Supervisory Control and Data Acquisition (SCADA) systems for transmission and distribution networks, as well as a range of wireless, fiber optic and power line carrier based telecommunication technologies for mission critical applications. It also offers microgrid solutions that are deployed for remote and partially grid connected applications.

Corporate and Other

The Corporate and Other segment includes headquarters, central research and development, and the Company's real estate activities. It also includes treasury operations and other business activities.

The Company competes with Eaton Corporation, Legrand, Schneider, Siemens, Hubbell, Leviton, Rittal, Chint Electrical, Fanuc Robotics, Kuka Robot Group, Rockwell Automation, Siemens, Yaskawa, SMA, WEG Industries, Emerson, Honeywell, Metso Automation, Voith, Yokogawa Electric Corporation, General Electric, Hyundai, Hyosung, Crompton Greaves, TBEA and NARI.

Company Address

ABB Ltd

Affolternstrasse 44, Postfach 81
ZUERICH     8050
P: +4143.3177111
F: +4143.3174420

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