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    HomeTOPICSInvestmentABB opens new 20 million Euro factory in Belgium

    ABB opens new 20 million Euro factory in Belgium

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    ABB has opened a new 20 million Euro injection molding manufacturing site at Evergem, near Ghent in Belgium, to meet the growing demand for electrification solutions in Europe. The modern plant has been developed to meet the latest energy-efficiency demands through the installation of new injection molding machines, digital technologies, and automation solutions.

    It replaces an existing facility that joined ABB as part of its acquisition of GE Industrial Solutions in 2018. The site will produce power distribution enclosures which serve as protective housings for electrical distribution components such as circuit breakers, fuses, switches, and meters, ensuring the safe distribution, metering and control of electricity throughout residential, commercial and industrial buildings.

    The global electrical enclosure market size is projected to grow from $7.42 billion in 2024 to $13.15 billion by 2032 due to increasing demand for new buildings, the modernization of existing buildings with more efficient and reliable electrical systems, and advances in electrical distribution.

    The new Evergem site is part of ABB’s Mission to Zero™ initiative towards significantly reducing greenhouse gas (GHG) emissions of ABB sites, while supporting customers to reduce their GHG emissions by providing a decarbonization roadmap that they can implement.

    The initiative is expected to reduce CO2e emissions by more than 6,700 tonnes and energy consumption by more than 9,400 MWh annually compared to 2019 at the previous facility. The measures are anticipated to result in approximately €2.5 million in energy cost reductions annually.

    Equipped with energy-efficient machinery, it is expected that 10 percent of energy required at the site will be generated by 1,330 on-site rooftop solar panels, with the remaining sourced from certified green energy supplies. LED lighting, electric vehicle (EV) chargers, heat pumps, cooling water circuits and a new air ventilation plant are also contributing to the energy and carbon emissions reduction.

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