The Siemens Sinamics V20 is unique to the drives and motion control industry for basic drive applications on various machine types.

According to a survey of 1,610 executives in the U.S. and Europe, ABB says they have found that 70% of U.S. businesses are planning changes in their operations, with 37% planning to bring production back home and 33% looking to nearshore and shift their operations to a closer location.