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Stock impact report

Nextracker and Unimacts Dedicate Second Nevada Factory to Serve Solar Power Demand

Nextracker Inc. (NXT) 
Company Research Source: Business Wire
Growing Solar Demand in Southwest U.S. Prompts Second Factory Built in Less Than a Year LAS VEGAS--(BUSINESS WIRE)--Nextracker (Nasdaq: NXT), a global market leader in solar tracker and software solutions, and Unimacts (UNX), a leading provider of industrial manufacturing and supply chain solutions, today jointly announced a new factory in the Las Vegas area.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240618375390/en/Unimact’s steel line worker preparing critical steel components for solar power generation projects in the southwestern U.S. (Photo: Nextracker)This is the second Nextracker-dedicated manufacturing line that Unimacts has opened in the last year. The new, 160,000-square-foot facility in Sloan, Nevada, produces steel torque tubes used to hold and rotate solar panels in solar power plants. The two factories will support more than 2 GW of new solar power each year, equivalent to the energy used by 400,000 U.S Show less Read more
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