ABB has announced that it will invest $300 million over the next five years in a new development and production hub in the city of Xiamen for power products and low voltage products. ABB's existing plants in Xiamen will be relocated to the hub's upgraded facilities in the new Torch Hi-Tech Industrial Park where production capacity can be expanded.
ABB has announced that it will invest $300 million over the next five years in a new development and production hub in the city of Xiamen for power products and low voltage products. ABB’s existing plants in Xiamen will be relocated to the hub’s upgraded facilities in the new Torch Hi-Tech Industrial Park where production capacity can be expanded.