ABB to invest $ 40 million to build new plant

ABB, a major power and automation technology group, will invest around $ 40 million, to construct a new manufacturing plant for high-voltage gas-insulated switchgear (GIS) and a transformer service workshop in Saudi Arabia, to serve the growing power infrastructure needs in the region.
The switchgear plant will initially manufacture 132 kilovolt (kV) GIS, with higher ratings to follow. The transformer service center will support ABB's large installed base in the region and serve customers with a more complete portfolio. The two new facilities will occupy 40,000 square meters of space and will be located in Dammam.
“Local manufacturing of our GIS range in Saudi Arabia and our transformer service facility will enable us to respond to our customers' needs more efficiently,” said Bernhard Jucker, head of ABB's power products division. “This decision is in line with ABB's regional and 'in country for country' approach and business philosophy to locate production and service facilities closer to our customers.”
The economic growth experienced by Gulf countries, led by oil and natural gas revenues in the region, has highlighted the need for power infrastructure to secure supplies of electricity, both at times of peak demand and in the long term. The GCC's total electricity consumption has risen by nearly tenfold since 1980. Saudi Arabia is the largest consumer, accounting for around half of the total GCC electricity consumption and growing faster than GDP, propelled by increased household, industry and commercial sector demand.
ABB pioneered high-voltage GIS in the mid-1960s and as a market leader, continues to drive technology and innovation, offering a full range product portfolio with voltage levels from 72.5 kilovolts (kV) to 1,200 kV. The compactness, low-weight and robust design features enable the equipment to be deployed in constrained spaces and harsh conditions to enhance grid reliability and efficiency with minimum maintenance needs.