ABB Robotics Signs Long-Term Lease Agreement

AUBURN HILLS, Mich.—(BUSINESS WIRE)—April 8, 2008— ABB Robotics, a leading manufacturer of industrial robots, has signed a 10-year lease agreement with the Brown Road Limited of Auburn Hills, Mich., keeping the company at the headquarters it has been situated in for more than 15 years.

ABB will continue to maintain a 370,000-square-foot section of the building, located at 1250 Brown Road. The building will house the North American Headquarters of ABB Robotics, offices, engineering and assembly areas.

Additionally, as ABB strives to design automation solutions that fit the ever-changing and unique needs of each customer, the renovated space will include a new, 55,000-square-foot customer center. The center will feature training classrooms and a training lab, which will be used to train up to 3,600 "students" each year, in addition to a demonstration area and a customer and product test area.

The city of Auburn Hills has approved an Industrial Facilities Exemption Certificate, which will support ABB in its renovation efforts.

"The city of Auburn Hills has been good to our company and we are excited to continue our long-standing history in this location. ABB will be able to focus on sustaining and growing our business in the automotive and general industry sectors, while also allowing us to stay cost-competitive," said Kirk Goins, president, ABB Robotics North America.

About ABB, Inc.

ABB (www.abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs more than 110,000 people.

About ABB Robotics

ABB is a leading supplier of industrial robots - also providing robot software, peripheral equipment, modular manufacturing cells and service for tasks such as welding, handling, assembly, painting and finishing, picking, packing, palletizing and machine tending. Key markets include automotive, plastics, metal fabrication, foundry, electronics, pharmaceutical and food and beverage industries. A strong solutions focus helps manufacturers improve productivity, product quality and worker safety. ABB has installed more than 150,000 robots worldwide.

Contact:

Liggett Stashower
Shannon Hoehnen, 216-373-8229
Email Contact


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