2008-04-15 - Effective May 1, 2008, ABB Inc. announces a general price increase averaging 7.5% on all products manufactured in the Greensboro, North Carolina factory.
Effective May 1, 2008, ABB Inc. announces a general price increase averaging 7.5% on all products manufactured in the Greensboro, North Carolina factory. Increases on individual items will range from 5% to 10%, depending upon the specific product.
ABB will apply this price increase to all new quotations for products manufactured at the Greensboro facility and delivered after May 1, 2008. ABB will honor the prices on all existing orders and quotations through their validity date.
The ABB Power Products Medium Voltage operation in Greensboro manufactures various products for use in power distribution and capacitor banks. These products include fused cutouts, solid blade cutouts, disconnect and bypass switches, fused bypass switches, capacitor bank fuses, and the AutoLink sectionalizer.
ABB’s discussions with commodity and transportation suppliers indicate no change in the upward trend of prices. While we continue to make every effort to reduce our costs, we now find it necessary to increase the prices of our products. ABB will continue to deliver the highest quality and value to our customers in this unique time of cost escalation.
To fulfill this commitment, ABB is investing in manufacturing technology and product innovation to ensure the highest value is delivered to customers worldwide. ABB has redesigned the DCD, ITD, and LSID overhead disconnect switches with the latest technology, creating a switch family with excellent mechanical properties. In addition, ABB recently introduced the AutoLink single-phase electronic resettable sectionalizer. This means higher reliability, longer life-expectancy, reduced maintenance costs, and reduced risk of costly power outages. In the end, this translates into reduced lifetime costs for our customers and provides them with innovations required to support the “grid of the future”.
The following price increases will become effective on May 1, 2008:
- Cutouts 5-10%
- Disconnect Switches 5%
- Capacitor Fuses 5%
Customers will be notified separately of the specific impact to them. Please contact your local ABB representative with any questions.
Mohamed Abdelrahim,
PPMV Marketing and Sales Manager
Greensboro, NC