Acquisition enables ABB to further strengthen gearless mill drive system business Zurich, Switzerland, 05-8-2013 — /EuropaWire/ — ABB, the leading power and automation technology group, announced today the acquisition of Alstom’s ring motor business to enhance its gearless mill drive (GMD) … Read the full press release →
Posted in Business, Construction, Electronics & Machinery, Financial, France, Investment, Metals and Minerals, Switzerland
Tagged ABB, ABB’s Process Automation division, acquisition, Alstom, autogenous, Bilbao, copper, gearless mill drive system, GMD systems, gold, iron, molybdenum, ore, platinum, semi-autogenous, Veli-Matti Reinikkala