Hitachi ABB Power Grids announced a strategic realignment of its global high-voltage switchgear manufacturing, engineering and service footprint which is expected to entail an investment of over $100 million.
The aim of the investment is to enhance competitiveness in a dynamic market environment marked by increasing competition, the manufacturer said in a press release.
In Europe, the assembly of gas-insulated switchgear below 170 kV in Hanau, Germany is intended to be consolidated in Zurich, Switzerland.
The company's US hub in North America will be further enhanced to strengthen its presence in the region.
