Introducing the ACH580 4X variable frequency drive (VFD), a new addition to ABB’s all-compatible drive portfolio that is built for outdoor installation and extreme environments in the HVACR industry. Certification to UL Type 4X (NEMA 4X and IP66 rating) ensures protection against rain, cold, snow, salt spray, and dust as well as corrosion due to caustic chemicals, gases, and damage from the formation of exterior ice, high levels of humidity or UV radiation.

ABB announced that Tarak Mehta, President Motion Business Area and Member of the Executive Committee, has decided to leave ABB since he has accepted the role as CEO of another company. Tarak will leave ABB at the end of July this year.

ABB recently published its Integrated Report, which is the company’s primary report at Group level. The report integrates the most important material information about the company’s strategy, business, governance as well as its financial and sustainability performance.

The ABB Board of Directors has appointed Morten Wierod as Chief Executive Officer. He will take office on August 1, 2024, and succeed Björn Rosengren, who will step down from his position as Chief Executive Officer effective July 31, 2024, and retire as of December 31, 2024.

ABB announced that the Board of Directors will propose Johan Forssell and Mats Rahmström as new members for election at the company’s Annual General Meeting (AGM) on March 21, 2024.

A variable frequency drive (VFD) that is fully sealed and weather tight with a UL Type 4X/IP66 rating. The drive employs water industry-specific software features and settings and it is designed for operation in environments where extreme rain, heat, snow, cold, or dust is experienced.

ABB announced it has completed its acquisition of the Siemens low voltage NEMA motor business. The transaction was originally announced August 11, 2022, and financial terms of the transaction were not disclosed. The business employs around 600 people and generated revenues of approximately $63 million in 2021.

Following a detailed selection process, ABB’s Board of Directors has nominated Denise C. Johnson, group president of Caterpillar Inc, as a new member for election at the company’s upcoming Annual General Meeting (AGM) in Zurich on March 23, 2023. At the same time, current member Satish Pai will step down from the Board.

ABB and Samotics have entered a strategic long-term partnership to provide enhanced condition monitoring services. The approach will leverage each company’s capabilities to deliver more insight into machine health and energy efficiency.

ABB announced it has signed an agreement to purchase Siemens’ low voltage NEMA motor business. With manufacturing operations in Guadalajara, Mexico, this acquisition provides a well-regarded product portfolio, a longstanding North American customer base, and an experienced operations, sales, and management team.