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Top related persons:
Atiya - 1 Arnd - 1 Björn Rosengren - 1 Joe Biden's - 1 Sami Atiya - 1 John Revill - 1 Tomasz Janowski - 1
Top related locs:
Sweden Zurich Switzerland Swiss Asia Vasteras European United States
Top related orgs:
ABB - 2 ABB's Robotics - 1 REUTERS - 1 Rights - 1 Japan's Fanuc Corp - 1 BMW - 1 Scania - 1 Volkswagen - 1

Search resuls for: "Sami Atiya"


3 mentions found


☆ ABB says $280 million investment in Sweden robotics facility is 'very exciting'
  + stars: | 2023-09-13 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailABB says $280 million investment in Sweden robotics facility is 'very exciting'Sami Atiya, president of ABB's Robotics and Discrete Automation division discusses the firm's plans on tech, artificial intelligence and innovation.
Persons: Atiya Organizations: ABB, ABB's Robotics Locations: Sweden
☆ ABB invests $280 mln in new robotics factory in Sweden
  + stars: | 2023-09-13 | by ( ) www.reuters.com   time to read: +2 min
The logo of ABB is seen at an office building in Zurich, Switzerland September 10, 2020. ABB, whose products range from industrial motors and drives, to chargers for electric vehicles, will build the new factory at its site in Vasteras, eastern Sweden. The new facility, due to open in 2026, will have 50% more production capacity than its old site and employ 1,300 people, ABB said. "The investment in our new campus is driven by customer demand and projected market growth," ABB CEO Björn Rosengren said in a statement. ABB said the European robotics and automation market is expected to grow by 7% per year between 2023 and the end of 2027, driven by companies bringing back production from Asia.
Persons: Arnd, Björn Rosengren, Joe Biden's, Sami Atiya, John Revill, Tomasz Janowski Organizations: ABB, REUTERS, Rights, Japan's Fanuc Corp, BMW, Scania, Volkswagen, Manufacturers, European Union, ABB’s Robotics, Thomson Locations: Zurich, Switzerland, Sweden, Swiss, Asia, Vasteras, European, United States, Washington, Beijing
☆ ABB invests in US robot factory as reshoring trend hots up
  + stars: | 2023-03-16 | by ( John Revill | ) www.reuters.com   time to read: +3 min
ZURICH, March 15 (Reuters) - ABB (ABBN.S) is expanding its main US robot factory as its customers there in the automotive, packaging and machinery industries confront a tight labour market as they bring production back home. The United States is the third largest in the global robotics market, which is worth around $50 billion per year according to estimates by ABB and the International Federation of Robotics (IFR). Rapid growth is expected as US companies bring production closer to home to avoid logistic log jams which have gummed up supply chains since the global pandemic. A survey by ABB last year showed 70% of North American businesses suffered supply chain disruptions in the last year. "The potential for growth in the industrial robots market is huge," Atiya said.
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