Close Menu
Finance Pro
  • Home
  • Art Gallery
  • Art Investment
  • Art Stocks
  • Cryptocurrency
  • Finance
  • Investing in Art
  • Investments
Facebook X (Twitter) Instagram
Trending
  • After dinosaurs, it’s spot the dog! But can a child really learn anything in a gallery? | Art and design
  • Bitcoin slumps to a two-week low as Iran war builds pressure on cryptocurrency
  • Your avenues for investments abroad
  • G7 finance chiefs seek to tackle imbalances as trade strains unity
  • Investors Flocking to Super-Anonymous Cryptocurrency Used for the Sketchiest Stuff Imaginable
  • Fusion Finance eyeing 20-25% growth – Banking & Finance News
  • Strategic Analysis of AI Wealth Management
  • Bajaj Finance Q3 Results – Bajaj Finance Q3 earnings News, Bajaj Finance Q3 result updates
  • Privacy Policy
  • Terms and Conditions
  • Get In Touch
Finance ProFinance Pro
  • Home
  • Art Gallery
  • Art Investment
  • Art Stocks
  • Cryptocurrency
  • Finance
  • Investing in Art
  • Investments
Finance Pro
Home»Art Investment»ABB Limited – ABB to invest £27m in state-of-the-art UK facility for earthing and lightning protection
Art Investment

ABB Limited – ABB to invest £27m in state-of-the-art UK facility for earthing and lightning protection

June 28, 20243 Mins Read


28 June 2024

The company plans to open a greenfield manufacturing and R&D facility in Nottingham as early as next year.

Lightning strikes and electrical surges disrupt critical operations and cause billions of dollars in damage to structures and equipment each year. 

With growing reliance on electronics and data centres, ABB is investing more than £27 million, in a greenfield facility in Nottingham, UK, to meet increased demand for Furse earthing and lightning protection solutions. 

The new state-of-the-art site is expected to open in early 2025. It will integrate advanced technology, flexible automation, R&D and testing, and digital processes to boost production capacity and enhance efficiency and sustainability.

More than 100 employees will relocate to the new 9,500m2 facility from the existing 6,300m2 ABB Installation Products Nottingham foundry, which has continually operated for over a century in the area where Furse originated in 1893. 

In addition to an expanded footprint, the site will be constructed in line with the BREEAM Excellent rating for sustainable building standards, and include efficient equipment and technology, photovoltaic rooftop cells, electric vehicle charging stations, and processes centred on reducing waste and energy.

The space will be designed to support collaboration and training, accelerate R&D, and drive automation to serve European customers and increase available inventory globally.

Worldwide, an estimated 1.4 billion lightning flashes occur annually, equal to over 42 strikes each second. 

Even indirect lightning strikes up to a kilometre away can create transient over-voltages and have devastating consequences such as fire, shock hazards, equipment damage and costly outages, resulting in downtime and financial losses. 

Furse solutions from ABB Installation Products are engineered to provide reliable earthing, lightning risk, and electronic systems and surge protection, helping safeguard structures and the electrical systems within. 

The products are used in more than 20 countries across a broad range of applications and environments, from data centres and medical facilities to essential infrastructure, utilities and renewable energy.

“This important investment builds on 130 years of Furse technology, enabling us to remain at the forefront of earthing and lightning protection and deliver solutions that improve safety and reliability for our customers. 

“As part of our global growth strategy, we continue to expand our capabilities and capacity, further strengthening ABB’s manufacturing footprint and supply chain and regionalising production of high-demand electrical solutions customers, installers and distribution partners need,” said Khalid Mandri, President of ABB Installation Products Division. 

“Building this site in Nottinghamshire further reinforces our commitment to the industries we serve and to the community where we have operated for more than a century and want to continue to be a leading employer.”

The UK investment adds to more than $165 million in ABB Installation Products global expansions and improvements since 2020 to increase manufacturing capacity, drive innovation and sustainability, and bring needed products closer to customers. 

ABB Installation Products currently has six locations in Europe (Belgium, France, Hungary, Italy, Switzerland and the UK) where it employs more than 100 associates in Nottingham who develop, test and produce a broad range of Furse solutions. 

The new campus will occupy nearly five acres in Fairham Business Park, within close proximity of ABB’s existing Wilford Road site and is accessible for employees, customers, suppliers and distribution partners.

“We are continually advancing solutions across electrification, and the earthing and lightning protection life cycle,” stated Andrea Castella, Europe Region Leader, ABB Installation Products.

“Our new facility is a leap forward in design and technology, positioning us for the future while enabling us to preserve resources and reduce energy and water consumption aligned with circularity and sustainability priorities across ABB’s operations.”


Contact Details and Archive…



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Not just art or stocks timeless luxury investments are giving over 35% returns – Lifestyle News

May 9, 2026 Art Investment

Billionaires are buying more art, up 11%, but investment in impressionism writes the cheque – Lifestyle News

April 29, 2026 Art Investment

The true cost of owning a priceless painting- The Week

April 10, 2026 Art Investment

Should I buy art? – Offaly Live

April 9, 2026 Art Investment

Art investment is booming for the ultra-wealthy. But JPMorgan sees a few caveats for aspiring buyers.

April 4, 2026 Art Investment

Art Investing Is Booming: 3 Caveats for Wealthy Buyers, From JPMorgan

April 4, 2026 Art Investment
Add A Comment
Leave A Reply Cancel Reply

Don't Miss

After dinosaurs, it’s spot the dog! But can a child really learn anything in a gallery? | Art and design

May 17, 2026 Art Gallery 6 Mins Read

Neil Osborne and his three-year-old daughter Daisy are peering at a small, shimmering painting by…

Bitcoin slumps to a two-week low as Iran war builds pressure on cryptocurrency

May 17, 2026

Your avenues for investments abroad

May 17, 2026

G7 finance chiefs seek to tackle imbalances as trade strains unity

May 17, 2026
Our Picks

After dinosaurs, it’s spot the dog! But can a child really learn anything in a gallery? | Art and design

May 17, 2026

Bitcoin slumps to a two-week low as Iran war builds pressure on cryptocurrency

May 17, 2026

Your avenues for investments abroad

May 17, 2026

G7 finance chiefs seek to tackle imbalances as trade strains unity

May 17, 2026
Our Picks

6 Top Low-Risk Investments To Make In 2026

May 16, 2026

The future of finance is becoming harder to ignore

May 16, 2026

Broad Street Gallery set to open in historic Bungay building

May 15, 2026
Latest updates

After dinosaurs, it’s spot the dog! But can a child really learn anything in a gallery? | Art and design

May 17, 2026

Bitcoin slumps to a two-week low as Iran war builds pressure on cryptocurrency

May 17, 2026

Your avenues for investments abroad

May 17, 2026
Weekly Updates

Japanese life insurers expand alternative investments | Asset Owners

May 22, 2024

Who gets my vote for the worst gallery space in Britain?

June 8, 2024

Brown County Art Gallery: 46th Annual Indiana Heritage Arts Exhibition – Indianapolis News | Indiana Weather | Indiana Traffic

May 29, 2024
  • Privacy Policy
  • Terms and Conditions
  • Get In Touch
© 2026 Finance Pro

Type above and press Enter to search. Press Esc to cancel.