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ABB

Hitachi Energy is investing $457 million to expand its power transformer production facility in South Boston. Photo courtesy Hitachi Energy
Mar 1, 2026

Hitachi Energy powers up $457M expansion in South Boston

Hitachi Energy will invest $457 million to expand power transformer production in South Boston, creating 825 jobs and building the nation’s largest large transformer plant.

First day of World Humanoid Robot Games in Beijing
Oct 8, 2025

SoftBank to buy ABB robotics unit in $5.4B AI push

SoftBank will acquire ABB’s $2.3B robotics unit for $5.4B, advancing its AI strategy while ABB refocuses on electrification.

ABB
Sep 16, 2025

ABB announces $28.5M expansion in Henrico, adding 100 jobs

ABB will invest $28.5 million to expand operations in Henrico County, creating more than 100 jobs in the next three years.

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