ALBUQUERQUE, NM – March 05, 2025 – ABB has officially completed a major expansion of its Elastimold Insulated Products (ELIP) manufacturing facility, doubling its production capacity to meet growing market demands for medium- to high-voltage elastimold connections used in underground power distribution. The expansion added 93,745 square feet to the existing 94,000-square-foot facility, bringing the total to nearly 180,000 square feet.
The rise in electrification—driven by factors such as renewable energy growth, EV infrastructure expansion, industrial power demands, and grid modernization—necessitated ABB’s increased production capabilities. The expanded facility integrates advanced automation, allowing for multi-process manufacturing within a single machine, improving operational efficiency and safety while reducing manual intervention. Additionally, the new space features a flexible, multi-functional training and conference center designed for both internal workforce development and customer engagement.
Stream Realty Partners’ National Program Management (NPM) team played a critical role in bringing this project to completion. Initially engaged after early cost estimates fell short of the investment required, Stream’s team provided a comprehensive evaluation, led cost assessments, and facilitated contract negotiations to align project funding with business needs. The team also worked closely with city officials and utility providers to navigate complex permitting processes, securing necessary approvals and infrastructure upgrades to support the expanded facility.
“This expansion not only strengthens ABB’s ability to meet rising demand but also positions the company at the forefront of electrification and power distribution technology,” said Scott Hicks, Vice President and Manufacturing Lead at Stream. “We are proud to have supported ABB through strategic program management, ensuring the project was delivered on time and with the infrastructure necessary for long-term success.”
With its enhanced production capabilities, ABB is now better equipped to support utility providers and energy infrastructure projects worldwide. The new facility reinforces ABB’s commitment to innovation, sustainability, and superior customer service.
About Stream Realty Partners
Stream Realty Partners is a national commercial real estate firm offering an integrated platform of leasing, investment and development services. This includes tenant and landlord representation, Legendary CX property management, capital markets, investment management and sales, construction, construction management, national program management, workplace strategies, strategic marketing, and dedicated research. The company is headquartered in Dallas with operations in core markets coast to coast. Since 1996, Stream has grown to more than 1,400 professionals and now completes annual transactions valued at more than $8.8 billion in office, industrial, retail, healthcare, land, and data center properties. For information, visit www.streamrealty.com and follow Stream on LinkedIn, Instagram, X and Facebook.