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Benzinga
Benzinga
Business
Akanksha Bakshi

Atkore Dedicates New Production Line To Nextracker - Read More For Details

Nextracker Atkore ATKR NYSE Arizona Phoenix Texas United States
  • Atkore Inc (NYSE:ATKR) and Nextracker LLC established a new manufacturing line dedicated to producing steel tracker components for use in utility-scale solar power plants.
  • Atkore expanded and reconfigured its Phoenix, Arizona facility with new capacity dedicated to Nextracker products.
  • "Atkore's new production line is dedicated to Nextracker and will help them quickly deploy their cutting-edge solar technology across the Southern and Southwestern U.S.," said Bill Waltz, President, and CEO of Atkore.
  • Nextracker expects initial production from the expanded facility to support Arizona Public Service Co.'s (APS) 150 MW Agave solar project.
  • The development follows Nextracker's April announcement with JM Steel opening a steel fabrication facility in Sinton, Texas.
  • Price Action: ATKR shares are trading lower by 3.82% at $100.58 on the last check Friday.
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