Growth powers lean and green machine

Swiss engineering group to spend $300 million on production plant

The Swiss engineering group ABB says it is looking to double its presence in China to 200 cities at present in the next three years.

Ulrich Spiesshofer, chief executive officer of ABB Group, says the company aims to have 20,000 people working for it in China soon and pursue growth drivers such as energy efficient technologies and infrastructure to increase profits.