News Summary
ABB has announced a $120 million investment in manufacturing facilities in Selmer, Tennessee, and Senatobia, Mississippi. This investment includes an $80 million new facility in Selmer, expected to create 50 jobs and enhance production capacity. In Senatobia, an additional $40 million will go toward expanding the existing site, potentially creating 200 new jobs. This move reflects ABB’s commitment to U.S. manufacturing and promises to boost local economies significantly.
Exciting News from Selmer and Senatobia: ABB Invests Big in Manufacturing!
Big things are happening in the world of manufacturing, and it’s all starting in the lovely cities of Selmer, Tennessee, and Senatobia, Mississippi! ABB, a leading name in electrification technology, has just announced a whopping $120 million investment in the United States. This is fantastic news, not just for ABB, but for everyone living in these communities. Get ready for new job opportunities and a boost in local economies!
Meeting Demand with New Facilities
As industries like data centers, buildings, and utilities grow, so does the need for advanced electrification products. ABB is stepping up to the plate with their planned expansions. In Selmer, the company is set to construct a brand-new manufacturing facility, which will cost around $80 million and expand over an impressive 320,000 square feet. This state-of-the-art facility is expected to replace current operations and increase production capacity by more than 50%. That’s not just a number; it means more efficient manufacturing to meet that rising demand!
What’s more, this new Selmer facility is expected to create 50 new jobs for the local community. With an expanding workforce, the people of Selmer can look forward to new opportunities within their town. The plant will be focused on producing essential electrical distribution equipment that is crucial for large-scale industrial setups, such as data centers and high-rise office spaces, perfectly fitting the demands of today’s technology-driven world.
Doubling Down in Senatobia
But the excitement doesn’t stop in Selmer! Over in Senatobia, ABB is going for a bigger slice of the pie by planning to double the size of their existing manufacturing site. This expansion requires an additional $40 million investment and is projected to create 200 jobs, pushing the facility’s workforce to over 1,000 employees. With the demand for advanced low voltage circuit breakers on the rise, this new expansion is a timely move that will help ABB cater to its customers even better.
A Testament to ABB’s Commitment
ABB is no stranger to investing in U.S. manufacturing, with more than $500 million poured into operations over the past three years alone! This includes notable projects like a new $100 million manufacturing facility and innovation laboratory for electric drives that opened in New Berlin, Wisconsin, just last year. Not only are they expanding in Tennessee and Mississippi, but they are clearly committed to enhancing their footprint in many states across the nation.
It’s essential to note that ABB has been investing in the U.S. for a long time now, with over $14 billion dedicated to capacity expansion projects since 2010. This commitment shows their belief in the local talent and market potential in the United States.
Looking to the Future
The new manufacturing facility in Selmer is expected to welcome its first employees by the fourth quarter of 2026, while the Senatobia expansion is set to open in the second quarter of the same year. With ABB’s U.S. revenue hitting nearly $9 billion this past year, representing about 27% of their global earnings, it’s clear that what they are doing is working. Approaching the future, these expansions are set to create local opportunities while bolstering an ever-evolving industry.
Wrapping It Up
These expansions by ABB are good news for everyone involved. Whether you’re looking for a job, supporting local businesses, or just keen to see progress in your community, there’s a lot to be excited about. Stay tuned, Selmer and Senatobia—your future is looking bright!
Deeper Dive: News & Info About This Topic
- Business Facilities
- ENR – Engineering News-Record
- Globe Newswire
- Commercial Appeal
- Steel Times International
- Wikipedia: Manufacturing
- Google Search: ABB investment Tennessee Mississippi
- Google Scholar: ABB investment US manufacturing
- Encyclopedia Britannica: ABB
- Google News: ABB investment
