Close Menu
Finance Pro
  • Home
  • Art Gallery
  • Art Investment
  • Art Stocks
  • Cryptocurrency
  • Finance
  • Investing in Art
  • Investments
Facebook X (Twitter) Instagram
Trending
  • Alibaba AI investments start to yield tangible returns for cloud business
  • Tamil Nadu CM Stalin embarks on trip to Germany, UK to attract investments | Latest News India
  • Real Estate for Cryptocurrency in 2025: Where and how to buy
  • MoU inked for investments in decarbonising technologies | Latest News India
  • Why Is Volatility In Cryptocurrency So Unpredictable?
  • GCB Bank cautions public against fraudulent “GCB Investments” platform
  • Eric Trump sees bitcoin hitting $1 million, praises China cryptocurrency role
  • Avalanche (AVAX) holds $24, but experts agree Mutuum Finance (MUTM) is the best Cryptocurrency to buy before 2026
  • 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

Professor seeks more investment in Nigeria’s art, creative sector

August 23, 2025 Art Investment

Art-Invest sells landmark Munich office asset to Generali Real Estate | News

August 22, 2025 Art Investment

M&S bets £340m on automation to double food business with new hub

August 20, 2025 Art Investment

Art investments gain ground in Hong Kong amid market volatility, global uncertainty

August 20, 2025 Art Investment

Over 40 new pieces of street art coming to Co Antrim towns

August 14, 2025 Art Investment

Winston Artory Group Offers New Approaches to Collection Management

August 9, 2025 Art Investment
Add A Comment
Leave A Reply Cancel Reply

Don't Miss

Alibaba AI investments start to yield tangible returns for cloud business

August 30, 2025 Investments 3 Mins Read

China’s Alibaba Group Holdings Inc. missed revenue estimates but delivered strong quarterly growth in April-June…

Tamil Nadu CM Stalin embarks on trip to Germany, UK to attract investments | Latest News India

August 30, 2025

Real Estate for Cryptocurrency in 2025: Where and how to buy

August 29, 2025

MoU inked for investments in decarbonising technologies | Latest News India

August 29, 2025
Our Picks

Alibaba AI investments start to yield tangible returns for cloud business

August 30, 2025

Tamil Nadu CM Stalin embarks on trip to Germany, UK to attract investments | Latest News India

August 30, 2025

Real Estate for Cryptocurrency in 2025: Where and how to buy

August 29, 2025

MoU inked for investments in decarbonising technologies | Latest News India

August 29, 2025
Our Picks

All On Chairman urges bold investments to bridge energy gap in Nigeria 

August 29, 2025

How Does Decentralization Shape Cryptocurrency Cybersecurity?

August 29, 2025

Giles Kime: ‘Why contemporary art should become a feature of everyday life’

August 29, 2025
Latest updates

Alibaba AI investments start to yield tangible returns for cloud business

August 30, 2025

Tamil Nadu CM Stalin embarks on trip to Germany, UK to attract investments | Latest News India

August 30, 2025

Real Estate for Cryptocurrency in 2025: Where and how to buy

August 29, 2025
Weekly Updates

Bitcoin price all-time high: What’s behind crypto’s record-breaking rally – and how high could it go? – Yahoo

July 11, 2025

Primex Finance Announces Community Rewards Campaign With CoinList

April 8, 2024

Norwich Art Center’s gallery reopening Friday after $500,000 remodel

July 2, 2024
  • Privacy Policy
  • Terms and Conditions
  • Get In Touch
© 2025 Finance Pro

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