The global site of the UK's leading magazine for automation, motion engineering and power transmission
21 September, 2018

Product and Supplier Search

Facebook

Shell-shocked ABB regroups

01 November, 2002

Following ABB`s widely publicised recent financial problems, the organisation is slimming itself down and regrouping. In future, it will consist of two key divisions: power technologies, which combines the former utilities and power technology products divisions, and automation technologies, which brings together the former automation technology products and industries divisions.

The new automation technologies operation will be led by 44-year-old Dinesh Paliwal, former head of the industries division, who has been with ABB since 1985. The division will employ 63,000 people and have sales of $9.3bn, making it one of the world`s largest automation companies.




Magazine
  • To view a digital copy of the latest issue of Drives & Controls, click here.

    To visit the digital library of past issues, click here

    To subscribe to the magazine, click here

    To see the latest Products & Services Directory, click here

     

Exhibition

Birmingham 2020The next Drives & Controls Exhibition and Conference will take place in Birmingham, UK, from 21-23 April, 2020. For more information on the event, visit the Show Web site

Poll

"Do you think that robots create or destroy jobs?"

Newsletter
Newsletter

Events

Most Read Articles