ABB

3.3686098654616 (1115)
Posted by pompos 04/18/2009 @ 12:19

Tags : abb, electrical equipment, industrial supplies and services, business

News headlines
ABB UK selects TCS for ERP implementation and support - Indian Express
Tata Consultancy Services, the leading IT services, business solutions and outsourcing firm, announced that it has carried out a successful SAP ERP consolidation for ABB UK, in order to reduce complexity, standardize business processes and systems and...
ABB Up on Lower-Than-Usual Volume - Zacks.com
ABB Ltd (ABB) advanced 4% on lower volume of 3.6 million shares, against the daily average of 5 million. The company reported EPS of 10 cents in its last quarter, which fell short of the consensus estimate by 23 cents. The current-year estimate for the...
ABB churns out millionth standard drive - Materials Handling
ABB says the one millionth standard drive has rolled off its production line, becoming the first in the ABB drive range to hit the milestone. ABB first started manufacturing the family of standard drives at its Helsinki factory five years ago,...
TCS implements SAP system for ABB UK - TelecomTiger
Tata Consultancy Services (TCS) announced that it has successfully implemented a SAP ERP system for ABB UK . The implementation included migration of ABB UK ''s Finance, HR and Operations functions onto a single SAP ERP system....
ABB's Boiler Fingerprint optimisation service slashes plant fuel costs - Factory Maintenance
ABB says its Boiler Fingerprint boiler optimisation service has slashed fuel costs at a US chemical plant by US$300000 ($392721) a year. ABB performed its Boiler Fingerprint optimisation service on four small industrial boilers at the Arkema chemical...
ABB makes smart gain - Myiris.com
The scrip has touched an intra-day high of Rs 697 and low of Rs 500. The total volume of shares traded at the BSE is 237737. In the earlier session, the shares climbed 14.26%, or Rs 70.1, at Rs 561.65. Currently, the stock is trading down 43.43% from...
ABB, Bang and Olufsen and Miditec to showcase at Hotel Show 2009 - AME Info
ABB, Bang and Olufsen and Miditec have united at this year's Hotel Show 2009 to showcase how their technologies integrate seamlessly to create the ultimate 'smart' hotel room for upcoming hospitality projects in the Middle East....
Clean-Energy Bill May Power These Picks - Barron's
This bill represents a dramatic change for the transmission industry, and we expect firms such as ABB (ABB), Quanta Services (PWR) and Emcor Group (EME) to benefit from it starting in 2012. In our view, the language should significantly reduce the time...
Socially-Responsible Stocks That Can Perform - Barron's
Another pick is ABB (ABB), a giant Swiss company that does electric-power grids. When you build a solar-power array or a wind-energy grid, you have to build power lines because you can't put these things where people are. You've got to put them where...
abb's industrial robots star in Terminator Salvation movie - Industrial IT
ABB says its 18 of its robots are starring in the Terminator Salvation, playing the part of a manufacturing line of robots mass producing a growing army of Terminators. ABB supplied 12 ABB IRB 6620 and six ABB IRB 1600 robots to Jaffe Entertainment in...

ABB Group

ABB logo.svg

ABB, formerly Asea Brown Boveri, is a multinational corporation headquartered in Zürich, Switzerland, operating mainly in the power and automation technology areas. ABB is one of the largest engineering companies as well as one of the largest conglomerate companies in the world. ABB has operations in around 100 countries, with approximately 115,000 employees (2008).

ABB is traded on the SIX Swiss Exchange under the Virt-x financial system based in Zurich, the Stockholm Stock Exchange in Sweden, and the New York Stock Exchange in the United States.

ABB is the world's largest builder of electricity grids and is active in many sectors with its core businesses in power and automation technology.

The division incorporates ABB's manufacturing network for transformers, switchgear, circuit breakers, cables, and associated high voltage and medium voltage equipment such as digital protective relays. Power Products are the key components to transmit and distribute electricity. It also offers all the services needed to ensure products' performance and extend their lifespan. The division is subdivided into three business units - High Voltage Products, Medium Voltage Products and Transformers.

Power Systems offers turnkey systems and services for power transmission and distribution grids, and for power plants. Electrical substations and substation automation systems are key areas. Additional highlights include flexible alternating current transmission systems (FACTS), high-voltage direct current (HVDC) systems and network management systems. In power generation, Power Systems offers the instrumentation, control and electrification of power plants. The division is subdivided into four business units - Grid Systems, Substations, Network Management, and Power Generation.

It provides products to improve customers' productivity, including drives, electric motors and generators, low voltage products, instrumentation and analytical, and power electronics. The customer profile of this division includes a wide range of industry and utility operations, plus commercial and residential buildings.

The main focus of this ABB business is to provide customers with integrated solutions for control, plant optimization, and industry-specific application knowledge. The industries served include oil and gas, power, chemicals and pharmaceuticals, pulp and paper, metals and minerals, marine and turbocharging.

ABB has one of the world's largest installed bases of industrial robots also providing robot software, peripheral equipment and modular manufacturing cells. ABB's robots are provided for tasks such as welding, assembly, painting and finishing, picking, packing, palletizing and machine tending. Key markets include automotive, plastics, metal fabrication, foundry, packaging, material handling, and food & beverage industries. In 2006 ABB's global robotics headquarters moved to Shanghai, China and in 2007 ABB added a manufacturing unit for industrial robots in China serving the local market.

The company's Building Systems still operates in a handful of countries. It provides integrated solutions for building facilities encompassing indoor air quality, building automation as well as power distribution and management. In the UK, ABB has supplied and installed Highway / Street / Public Lighting for developers, councils and others. In Australia, ABB plays a major role in the installation and maintenance of the country's copper-wire telephone network or 'local loop' (owned by Telstra).

ABB resulted from the 1988 merger of Swedish and Swiss corporations ASEA and BBC Brown Boveri (Brown, Boveri & Cie), the latter had absorbed the Maschinenfabrik Oerlikon in 1967. CEO at the time of the merger was the former CEO of ASEA, Percy Barnevik, who ran the company until 1996.

ABB's history goes back to the late nineteenth century. ASEA was incorporated in 1883 and Brown, Boveri & Cie (BBC) was formed in 1891.

In the early 1990s, ABB purchased Combustion Engineering (C-E) headquartered in Stamford and Norwalk, Connecticut, a leading U.S. firm in the development of conventional fossil fuel power and nuclear power supply systems to break into the North American market. Continuing with its expansion plans, ABB purchased ELSAG BAILEY in 1999, which included Bailey Controls, Hartmann & Braun, and Fischer & Porter. This was the largest acquisition to date in ABB's history.

In 2000, ABB signed a contract for the delivery of equipment and services for two North Korean nuclear powerplants to be supplied under an agreement with the Korean Peninsula Energy Development Organization (KEDO), a consortium formed in 1995 by the governments of the United States, Japan, South Korea and the European Union. Also in 2000, ABB formally divested from a joint venture named ABB-Alstom Power and sold its interest in conventional power generation systems and rail transportation to Alstom Power. ABB's nuclear business was sold to BNFL and merged into Westinghouse Electric Company.

In 2002 ABB asked Lindahl, the company's former chief executive, to return some of his $50 million retirement pay, which its board called excessive. ABB also asked its former chairman Percy Barnevik to pay back part of his $87 million pension package. The size of the pensions was disclosed at the same time as ABB's huge $691 million net loss for 2001 made headlines and drew sharp criticism in Switzerland and Sweden.

ABB was formally listed on the New York Stock Exchange in 2001. Also during that year, ABB was ranked as number one on the Dow Jones corporate sustainability index for the third year in a row.

ABB went through a reorganization in 2005 to focus on the company's core business of power and automation technologies. The reorganization created the current structure of ABB with five business sectors (units) consisting of Power Products, Power Systems, Automation Products, Process Automation, and Robotics.

In 2006, ABB returned to financial health by settling its asbestos liability regarding claims that were filed against ABB's U.S. subsidiaries, Combustion Engineering and Lummus Global. In August 2007, Lummus Global was sold to CB&I.

On July 17, 2008, the Board of Directors of ABB Ltd. announced that Joseph Hogan has been appointed Chief Executive Officer of the ABB Group as of September first. Mr. Hogan is the former head of GE Healthcare. Mr. Hogan holds a Bachelor of Science degree in Business Administration from Geneva College and an MBA from Robert Morris University, both located in Pennsylvania.

The Board of Directors is chaired by Hubertus von Grünberg. He took over the position in May 2007, following the retirement of Jürgen Dormann, who had chaired the board since 2002.

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ABB Grain

ABB Grain Limited logo.png

ABB Grain (ASX:ABB) is a public company listed on the Australian Securities Exchange (ASX) in Australia. ABB Grain is a leading Australian agribusiness with a multi-faceted operation and international focus. While the company’s history is steeped in grain accumulation and marketing, the present reflects a much more diversified operation, stretching across the entire supply chain. With a national presence ABB Grain accumulates grain from all grain growing regions across Australia, and trades in all grain commodities. It traces its origins to the former Australian Barley Board, which demutualised to become ABB on 1 July 1999. In 2004, ABB Grain merged with the South Australian storage and handling company AusBulk and the holding company United Grower Holdings.

ABB’s supply chain strength comprises operations in storage, handling and logistics, as well as providing a number of value adding services. This includes a significant network of silos and export shipping terminals in South Australian and the eastern states of Australia, incorporating joint ownership of Australian Bulk Alliance, or ABA, with Japanese trading company Sumitomo.

ABB Grain’s malting division, Joe White Maltings, is one of the world’s largest producers of malt with the capacity to produce 500,000 tonnes per annum. The eight malting plants strategically positioned across Australia include the largest malthouse in the southern hemisphere, situated in Perth, Western Australia.

ABB’s range of rural services include fertiliser and Agrichemical supply, financial services and insurance, and wool and livestock activities. The latter have been supported by the acquisitions of Adelaide Wool Company, Wardle Co and Stawool in 2007.

ABB recently strengthened its financial services offerings to provide customers with a unique range of cash flow alternatives, plus access to insurance options. The company also has significant operations in New Zealand focused on the trading and distribution of grains and proteins. A major milestone of 2007 was the establishment of a joint venture in Ukraine to accumulate grain, manage supply chain activities and market grain.

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ABB Industrigymnasium

3rd graders abb industrigymnasium 2005.jpg

ABB Industrigymnasium is the name of two schools in Västerås and Ludvika, Sweden, secondary schools with a focus on engineering, information technology and enterprising. The Västerås branch was started in 1994 by the industrial corporation Asea Brown Boveri (ABB), merged in 1987 from the Swiss Brown Boveri Corporation and the Swedish ASEA, which is headquartered in Västerås. The Ludvika school was founded by ABB in 1995.

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St Abb's Head

St. Abb's Head seen from the south near the village of St. Abbs

A signal station was first established on the cliffs in 1820 and the facilities were shared by Trinity House and Her Majesty's Coastguard. The Northern Lighthouse Board recommended the building of a lighthouse at St. Abbs Head after the sinking of the "Martello" on Carr Rock in 1857. The lighthouse was designed and built by the brothers David Stevenson and Thomas Stevenson and assisted navigation before and after sight of the Bell Rock and Isle of May lights disappeared from view. The light began service on February 24, 1862 and initially used oil to generate its light, it was converted to incandescent power in 1906 and to electricity in 1966 and finally automated in 1993. Before automation the lighthouse was staffed by three full time keepers whose duties included keeping detailed weather records. The lighthouse has a narrow two km long tarmaced road leading to it from the main road near St. Abbs village, however this can only be used by disabled visitors and there is limited parking. Able bodied visitors have to walk to the Head where the lighthouse's buildings, though still in good repair, are not open to the public. A foghorn was established at the Head in 1876, being the first audible fog signal in Scotland. The original foghorn was driven by hot air engines before being replaced by oil driven ones in 1911 and then by diesel engines in December 1955. The fog signal was discontinued in 1987 although the horn is still in place and can be reached at the edge of the cliffs by a railed path from the lighthouse.

Land around St. Abb's Head is a National Nature Reserve (NNR); this is managed by the National Trust for Scotland (NTS) in co-operation with Scottish Natural Heritage. The first part was purchased in 1980, with the Lumsdaine coastal strip being donated by Pearl Assurance Company Ltd. in 1984. Blackpotts grazings were purchased in 1994. The Head was designated an NNR because of the presence of a 60,000 strong seabird colony which nest on the sheer cliffs, stacks and gullies. Kittiwakes and Guillemots are the most numerous species of the nesting birds followed by Razorbills, Shags, Herring Gulls, Fulmars and Puffins. To preserve the marine habitat, the NTS in conjunction with the Scottish Wildlife Trust, the local fishing community and diving clubs, have set up a Voluntary Marine Reserve which stretches south down the coast to the town of Eyemouth. Although best known for its seabirds, the Reserve also has flower rich grasslands and a freswater loch.

The grazing on the Head is leased by the Trust to Northfield Farm which stands just to the south of the Head near St. Abbs village. The grassland is surprisingly rich for a coastal situation, in some places it is possible to find over 20 different species of plant in one square metre. There are at least 10 different kinds of butterfly on the Head including the Northern Brown Argus which is a nationally rare butterfly in the UK. The butterflies drink nectar from the flowers of the Wild Thyme and the caterpillars eat the leaves of Rock Rose, the areas in which these two plants grow are protected from sheep grazing by fencing. Just inland from the lighthouse is Mire Loch, a 600 metre long artificially created lake.

The NTS has a visitors centre for St. Abb's Head located at NT913674, it has an exhibition with information about the Head, coffee shop, art gallery and textile shop. There are maps describing the walk to the Head and Ranger led guided walks start from the centre at times.

The layered Sedimentary rocks of Greywacke and Siltstone which lie to the north and south of the Head were laid down at the bottom of the sea between 460 and 410 million years ago. The Head itself is made from hard volcanic rock which formed as lava flowed from volcanoes around 400 million years ago. The different type of rocks accounts for the contrast in colour between the rocks of the Head and those of mainland cliffs. The softer sedimentary rocks have eroded over time, leaving behind the high headland made from the harder rock. However even this tough volcanic rock has been effected by the actions of the sea, leaving steep gullies and sea stacks which are ideal for nesting sea birds. The harder rocks of the Head are separated from the sedimentary rock to the SW by the NW slanting St. Abbs Head Fault which is marked by a low lying valley which at times of higher sea level would have been flooded, cutting off the headland from the mainland.

Just 0.5 km to the SE of the lighthouse is Kirk Hill. On the summit of this hill are the remains of the 7th century monastery settlement of Saint Æbbe. About AD 643 Æbbe established the monastery on Kirk Hill within the remains of a 6th century fort known as Urbs Coludi (Colud's Fort). Both Monks and Nuns lived at the monastery in basic beehive huts made from mud and branches. Æbbe remained as abbess until her death around 680, a few years later the monastery was accidentally burned down and was not replaced. The settlement was protected by a massive three metre high turf rampart on the landward side, the remains of this rampart can be seen as a low ridge around the rim of the hill. These are the only remnants of the 7th century monastic settlement of Æbbe. However there are faint outlines of buildings, field boundaries and a rectanular burial site dating from the 12th century. These are the scant traces of a Benedictine chapel established in 1188 and dedicated to Æbbe by monks from Coldingham Priory.

On the north side of the Head is Pettico Wick Bay this provides a natural trap for salmon as they swim down the coast. A fishing station was established here in 1880 and lasted until around 1950. A jetty was also built in the bay so supplies could be landed for the lighthouse.

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Source : Wikipedia