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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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