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NC Governor Josh Stein has announced the Rural Infrastructure Authority (RIA) has approved a $450,000.00 grant request from Edgecombe County for the expansion of the ABB Inc. building in Pinetops.
ABB plans to add 38,000 square feet to the existing facility which will create 49 new jobs with a private investment of $590,790. The grant was part of 21 grants awarded to rural communities to help attract 269 new jobs and nearly $200 million in additional investments.
Bob Pike, President and CEO of the Carolinas Gateway Partnership noted, “This expansion is just another example of why Edgecombe County is where businesses can thrive because the County encourages and supports existing industries making continued investments in their operations and facilities.
Pike further noted, “The emphasis that the Partnership is now putting on helping existing industry find ways to expand is being led by Tracy Crenshaw, our Director of Existing Industry. This ABB expansion is another example illustrating how Workforce development is paying dividends for Edgecombe.”
ABB designs and manufactures power quality and power protection equipment for the electric grid. This includes instrument transformers which reduce the current and voltage to allow for the measurement and control of the grid itself.
ABB in Pinetops also manufactures sensors and a variety of protective equipment for the power grid including overhead distribution cutouts, disconnect switches and capacitor fuses. Products manufactured in Pinetops are found throughout the electric grid, including in substations, on transformers, and on power poles. Used primarily by electric utilities and other power equipment providers, our products enable safe, efficient and reliable electricity service to homes and businesses across the country.
ABB in the U.S. ABB is a pioneering technology leader that works closely with utility, industry, transportation and infrastructure customers to write the future of industrial digitalization, increasing productivity and boosting efficiency.
Commenting on the 21 grants awarded by the State, Governor Josh Stein said, “Investing in North Carolina’s rural communities brings more opportunity to every corner of the state. These recent grants create jobs, improve quality of life, and attract businesses that support rural development and help make our state stronger and more prosperous.”
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