Nextracker and Unimacts Dedicate Second Nevada Factory to Serve Solar Power Demand [Yahoo! Finance]
Nextracker Inc. (NXT)
Company Research
Source: Yahoo! Finance
LAS VEGAS, June 18, 2024 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 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. homes. With the Sloan factory, Nextracker continues its drive to reshore manufacturing to meet growing solar and renewable energy demand. The company has opened or expanded over 20 U.S. manufacturing facilities since 2021, including new or expanded dedicated production lines in Texas Arizona Pennsylvania Illinois Tennessee and Nevada
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NXT
Earnings
- 8/1/24 - Beat
NXT
Sec Filings
- 8/20/24 - Form 4
- 8/20/24 - Form 4
- 8/20/24 - Form 4
- NXT's page on the SEC website