First-quarter net profit rose above analysts’ expectations to $1.10 billion at ABB, which intends to spin off its robotics ...

Swiss industrial group ABB on Thursday announced plans to spin off its robotics division in the biggest shake up at the ...

The unit makes products including industrial and collaborative robots used in the food and automotive industries as well as ...

Swiss engineering group ABB said on Thursday it is evaluating the implications of new import tariffs and expects to pass on higher costs that result from them.

While it has had a decline in employment from the days when it was Baldor’s corporate headquarters, the ABB operation in Fort ...

ABB announced plans to spin off its robotics division in its largest portfolio shift since 2018, aiming for a separately ...

This expansion comes as utilities face growing pressures from aging infrastructure, rising power consumption, and ...

ABB Group chair Peter Voser explained bosses believe an ABB Robotics spin-off will boost its ability to attract staff and grow.