ABB inks ‘frame agreement’ with BMW Group

ABB inks ‘frame agreement’ with BMW GroupABB, a leader in power and automation technologies, has signed a frame agreement with BMW Group to support the carmaker’s operations in Germany, the U.K. and the U.S.

Under the arrangement, ABB will supply 2,100 industrial robots over five years, beginning 2010 and commission a variety of robot models for BMW, including the IRB 6640, 6620, 7600 and the new mid range robot IRB 4600; a compact, light-weight industrial robot with the longest vertical reach in its class.

The robots will be applied in parts handling, gluing and spot welding on car-body assembly lines for BMW's 1-series, 3-series, X5-series and Mini models.

ABB claim that its industrial robots are reliable, strong, accurate and easy to maintain. Till date, the company has installed more than 160,000 robots worldwide.

The scrip of ABB closed on Monday at Rs 495, up 8% compared to previous close of Rs 459.

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