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Austria.
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ABB invests EUR 100 million in global innovation and education campus

ABB CEO Ulrich Spießhofer and Austrian Federal Chancellor Sebastian Kurz © ABB

Last year the Swiss technology group ABB acquired Bernecker + Rainer Industrie-Elektronik GmbH, B&R, in Upper Austria.

Now ABB will invest EUR 100 million in Austria. As a result, plans call for the corporate headquarters pf B&R in Eggelsberg, Upper Austria to be the site of a state-of-the-art innovation and education campus by the year 2020.  This commitment is the largest single organic investment in industrial automation in the more than 130-year history of ABB, creating the basis for about 1,000 new high-tech jobs in Austria. 

In the future, technologies for the factory of the future will be developed in Eggelsberg, in which smart and cloud-networked machines and robots based on ABB AbilityTM will produce largely in an autonomous manner in the future. With this investment, ABB is resolutely continuing its next-level strategy defining innovation as the primary driving force behind profitable growth. The company invests about USD 1.4 billion annually in research and development and has a workforce of about 30,000 people in R&D and application technology. More than 1,000 people are already employed today by B&R in these areas.   

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