ABB announced $60 million of new investment in the U.S. power distribution and protection and residential circuit protection markets, expanding on the portfolio of installation products it acquired with Thomas & Betts in 2012. The move builds on $10 million the Zurich, Switzerland-based power equipment manufacturer has already invested to localize production in a new plant in Senatobia, MS, for a range of electrical components and systems previously manufactured overseas. That new ...

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