ABB unveils Ability Smart Hoisting

ABB is targeting digital monitoring and optimization for improved performance and reliability of mine hoists with the introduction of a new digital suite of applications for hoist monitoring and optimization, now rebranded to ABB Ability Smart Hoisting. The company said the rerelease opens it up for further integration to other cloud solutions and extended offerings that significantly increase the operational…

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ABB introduces Baldor-Reliance HydroCool XT

With a focus on high efficiency and power density as well as low maintenance, ABB has unveiled its Baldor-Reliance HydroCool XT motor for the toughest industry environments. The motor, according to the company, offers customers an ideal combination of flexible design, low maintenance and reliable performance, and the product line represents a new generation of water-cooled motors developed in response…

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ABB to acquire Siemens low-voltage NEMA motor business

ABB 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.  The business employs around 600 people and generated revenues of approximately $63 million in 2021. Financial terms of the transaction…

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