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ABB Revenues From US Rose To $6.7 billion

ABB a leader in power and automation announced that its US revenues rose 26 percent to a record $6.7 billion. This growth is boosted by acquisitions and strong organic growth as industrial clients increase productivity.

ABB invested over $10 billion dollars in US during last three years and more than doubled its revenue since 2007.It also acquired several US companies like Ventyx(which is a utility and energy software leader),Baldor Electric(Top industrial motors and generator producers), Thomas and Betts(a top manufacturer of low-voltage electric equipment).

For ABB US is the largest single market for ABB. It was also cited for a technology breakthrough which led to a new generation of highly efficient and reliable power transmission grids.