• March 21, 2023
  • Machine Tools
  • Cutting Tools
  • Software
  • Metrology
  • Accessories
  • Mechatronics
  • About us
  • Contact us
  • REGISTER
  • SIGN IN
www.cnctimes.com logo
  • News
  • CT+
  • Webinar
  • Knowledge Center
    • INDUSTRY UPDATES
    • INTERVIEWS
    • VIDEOS
    • TECHNICAL ARTICLES
    • CASE STUDIES
    • PRODUCT SHOWCASE
    • BLOGS
    • SUCCESS STORIES
    • NEWSLETTERS
  • Start Your Subscription
  • Register
  • Sign in

Information

Please login to give the feedback.

Subscription Plans

Subscription Type
Duration
Months
News
Articles
Blogs
Case Studies
Videos
Product Updates
Webinar
Amount
CT
Lifetime
Lifetime
Full Access
Limited Access
Full Access
Limited Access
Limited Access
Limited Access
No Discount
INR 0.00
CT+
6 Months
6 Months
Full Access
Full Access
Full Access
Full Access
Full Access
Full Access
5% Discount
INR 599.00
CT+
Annual
12 Months
Full Access
Full Access
Full Access
Full Access
Full Access
Full Access
10% Discount
INR 999.00

Subscription Plans

Subscription Type
Duration
Months
News
Articles
Blogs
Case Studies
Videos
Product Updates
Webinar
Amount
CT
Lifetime
Lifetime
Full Access
Limited Access
Full Access
Limited Access
Limited Access
Limited Access
No Discount
INR 0.00
CT+
6 Months
6 Months
Full Access
Full Access
Full Access
Full Access
Full Access
Full Access
5% Discount
INR 599.00
CT+
Annual
12 Months
Full Access
Full Access
Full Access
Full Access
Full Access
Full Access
10% Discount
INR 999.00
Successfully registered. Please check your email to activate account.

Registration
  • Sign In



Sorry Captcha Unsuccessful!!

Sign In


OR
If your not registered user first Register
  1. Home
  2. News
  3. ABB to invest €100 million in global innovation and training campus

ABB to invest €100 million in global innovation and training campus

09 April, 2018
  • Tweet
  • share via email
Your comment has been posted.
We have sent you a verification email. To verify, just follow the link in the message.
Some technical error. Please try again.

By Niraj M Wanikar, Chief Editor, CNCTimes.com, 2018-04-09 14:54:00

  • ABB makes largest organic investment in industrial automation at home of B&R in Austria
  • €100 million investment shapes ABB’s leadership position in machine and factory automation
  • Investment in the development of the factory of the future to create 1,000 new jobs
  • State-of-the-art innovation and training campus to be built in Eggelsberg, Austria, by 2020
  • ABB builds on the B&R success story on the first anniversary of the acquisition announcement

One year after announcing its acquisition of B&R (Bernecker + Rainer Industrie-Elektronik GmbH), ABB is to invest €100 million in Austria to build a state-of-the-art innovation and training campus at the home of B&R in Eggelsberg, Upper Austria. It is the largest organic investment in industrial automation in ABB’s more than 130-year history and lays the foundation for around 1,000 new high-tech jobs in Austria.

The new innovation and training campus will develop technologies for the factory of the future, based on ABB AbilityTM, in which production will be undertaken autonomously by smart and cloud-connected machines and robots. With this investment, ABB is delivering on its Next Level strategy, which defines innovation as a key driver of profitable growth. The company invests $1.4 billion in R&D annually, and has a team of around 30,000 R&D and application engineers. B&R has more than 1,000 employees working in R&D and application development.

The new research and development campus will cover 35,000 m² and be home to a significant number of state-of-the-art facilities. Alongside ultra-modern R&D laboratories, which will develop and test new automation technologies, from industrial control systems up to machine learning and artificial intelligence, there will be an Automation Academy to train and educate customers, partners and employees in these technologies. The ground-breaking ceremony is planned for this summer, and the new campus is expected to be up and running in the course of 2020. Once complete, the Eggelsberg site will be one of ABB’s largest research and development centers.

With the new campus, the world’s second-largest provider of industrial automation solutions will further expand its leadership position in machine and factory automation. The development of disruptive technologies will enable ABB to better serve the highly attractive $20-billion machine and factory automation market segment.

ABB acquired B&R, then the largest independent provider of product- and software-based open-architecture solutions for machine and factory automation worldwide, in July 2017. Today, B&R is integrated into ABB’s Industrial Automation division as its global Machine & Factory Automation business unit. With the combined portfolios, ABB is today the only industrial automation provider offering customers the entire spectrum of technology and software solutions around measurement, control, actuation, robotics, electrification and digitalization.

“B&R has had an excellent start within ABB and has exceeded our expectations. We are well on track to achieve our goal of revenues of more than $1 billion soon,” said ABB CEO Ulrich Spiesshofer, at a press conference in Linz with the Austrian Chancellor, Sebastian Kurz. “With our €100 million investment, we are strengthening this dynamic and the pillars of this success story: innovation and people. In addition to the new research and development capacity, our investment will expand B&R’s Automation Academy, offering customers, partners and employees globally unique education and training programs.”

“With this clear commitment to the Eggelsberg location, ABB has established itself as the market leader in automation in Austria,” said Chancellor Sebastian Kurz. “True to its word, the company is now making an investment that is of tremendous importance to Austria as a business location of international standing. This is the starting signal for a location offensive in the key segment of digital industry. It is an important impulse for the creation of highly qualified new jobs and the positioning of Austria as a high-tech location.”

This will also be beneficial for the country's educational landscape. „Further strengthening our good relationships with universities, universities of Applied Sciences and higher technical education institutes is part of our innovation and research strategy. This way we can further accelerate our speed of growth and innovation as well as extend our technology leadership,” said Hans Wimmer, Managing Director of B&R.

“This is a great day for B&R,” said Josef Rainer, Co-founder of Bernecker & Rainer Industrie-Elektronik GmbH. “The smooth integration shows that the company Erwin Bernecker and I founded 39 years ago is in excellent hands. I am delighted that ABB continues to write and accelerate our success story with this historic investment.”

  • Follow @CNCTimes

Captcha is required.
Sorry Captcha Unsuccessful!!

Latest News

  • 20 March, 2023

    Baker Hughes and HIF Global to Collaborate on Direct Air Capture Technology

  • 20 March, 2023

    Vibration monitoring at fluctuating and high temperatures

  • 20 March, 2023

    Bosch Rexroth Launches Hägglunds Hydraulic Motors

  • 20 March, 2023

    Mitsui Seiki's vl30 series high-speed vertical machining centers

  • 20 March, 2023

    ABB to expand Robotics factory in US

  • 20 March, 2023

    Mastering processes: high-performance reaming

  • 17 March, 2023

    Zivid SDK 2.9 Preview: Sharper Point Clouds, Faster Capture, Easy Development

  • 17 March, 2023

    Optomec releases advanced Control, Vision and Automation Software

  • 17 March, 2023

    Rockwell Automation saves space and time with updated branch motor control solutions

  • 17 March, 2023

    5-axis machining centers equipped with next-generation CNC OSP-P500

  • 17 March, 2023

    Over 40% of manufacturers struggle to outpace competitors due to lack of skilled workforce

  • 17 March, 2023

    New Sizes Added to the DSA Series of Solid Carbide Drills for Machining Super Heat Resistant Alloys

  • 16 March, 2023

    BLUM touch probes prove long service life at Scherzinger pumps

  • 16 March, 2023

    New Seco taps line provide versatility and cost-effective solutions

  • 16 March, 2023

    Brake discs: TRUMPF takes action against fine dust

  • 16 March, 2023

    Safety light curtain for finger protection

  • 16 March, 2023

    Moldex3D 2023 Moldifying the Future

  • 16 March, 2023

    Hyderabad’s Svaya Robotics Has Developed India’s First Quadruped Robot

  • 15 March, 2023

    ZWSOFT and Redington Partner to Expand Business in the Middle East and Africa

  • 15 March, 2023

    Configured Walter Xpress special tools can now be ordered directly

  • 15 March, 2023

    New CMS HD VX multistage vacuum pumps from Coval, with added intelligence capability

Previous Next

Related News

  • 15 March, 2023

    Nano Dimension in bid to acquire Stratasys

    Category: Machine Tools
  • 14 March, 2023

    Robotics ideas for the skilled trades: Apply now for the KUKA Innovation Award 2024

    Category: Machine Tools
  • 14 March, 2023

    Haas expands 5-axis range

    Category: Machine Tools
  • 10 March, 2023

    High performance milling machine for aluminum components

    Category: Machine Tools
  • 10 March, 2023

    ABB invests in Direct Current microgrid start-up to accelerate energy transformation

    Category: Machine Tools
  • 09 March, 2023

    New energy and carbon saving solution released for industry

    Category: Machine Tools
  • 09 March, 2023

    GF Machining Solutions releases two new femtosecond Laser solutions

    Category: Machine Tools
  • 06 March, 2023

    G-Code and Conversational – MAZATROL Does it All

    Category: Machine Tools

TESTIMONIALS VIEW MORE

By Niraj M Wanikar, Chief Editor, CNCTimes.com, 2019-11-19 17:57:22We would like to express our sincere appreciation for your service to us.You have provided us best marketing platform through CNCTime...

Mr.Adil Atar, Ass.Mng.Technical Sales & Service: Precision Machinekraft

By Niraj M Wanikar, Chief Editor, CNCTimes.com, 2016-10-21 09:00:00Dedication and determination is key to success and CNC Times team is evident to it - FARO Business Technologies (I) Pvt Ltd

Ms. Amrita Gokhale , FARO Business Technologies

By Niraj M Wanikar, Chief Editor, CNCTimes.com, 2016-08-25 00:00:00Seminar was really very good, please let us know about future seminars. we would like to attend the seminar on "Machining of the mate...

Roshan Deshmukh, Design Engineer - Ashvini Magnets Private Limited

FOLLOW US

TECHNOLOGY FOCUS

    Machine Tools

    • CNC Lathe
    • Boring Machines
    • Drilling Machines
    • Spark Erosion
    • Wire Cut
    • Vertical Machining Centers - VMC
    • Horizontal Machining Centers - HMC
    • Grinding Machines
    • Gear Cutting Machines
    • Additive Manufacturing - RP
    • Multi-Axis Machines
    • Multi-Tasking Machines
    • Welding Machines
    • Presses
    • Laser Cutting
    • Others
    • IIoT

    Metrology

    • CMM
    • VMM ( Vision Measuring Machines )
    • PCMM ( Portable CMM )
    • Measuring Instruments
    • Probing Technology
    • 3D Scanners
    • Roundness Measurement
    • Surface Roughness Measurement
    • Contour Measuring Machines
    • Others

    Accessories

    • Workholding
    • Toolholders
    • Spindles
    • Coolants
    • Others

    Software

    • CAD
    • CAM
    • CAE
    • ERP
    • Inspection Software
    • Reverse Engineering Software
    • MES
    • Others

    Mechatronics

    • Robotics
    • Automation
    • CNC Controllers
    • Others

    Cutting Tools

    • Turning Tools
    • Milling Tools
    • Grinding Wheels
    • Drilling
    • Others

INDUSTRY VERTICALS

  • General
  • Automotive
  • Aerospace
  • Healthcare
  • Healthcare Engineering
  • FMCG
  • Consumer Durable
  • Defence
  • Electronics
  • Oil & Gas
  • Heritage
  • Heavy Engineering
  • Die & Mold
  • Plastic
  • Footwear
  • Jobshop

PROFILE

  • About us
  • Contact us

Terms of use

  • Privacy Policy
  • Payment Policy
  • Refund Policy
  • Terms and Conditions

Follow us on:

Download CNCTimes App:

Play Store
2023 © www.cnctimes.com  | Payment Policy   |   Terms and Conditions
Developed & Maintained by Deven Infotech