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Nextracker, JM Steel Complete Expansion at Leetsdale Steel Facility
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Nextracker, JM Steel Complete Expansion at Leetsdale Steel Facility
Apr 26, 2024 8:02 AM

10:44 AM EDT, 04/26/2024 (MT Newswires) -- Nextracker ( NXT ) and JM Steel reported Friday the completion of the expansion of Nextracker's ( NXT ) manufacturing lines at JM Steel's Leetsdale steel facility, attaining a capacity of 4 GW.

The expansion more than doubles the facility's production capacity, they said. JM Steel is a subsidiary of JENNMAR Holdings.

For Nextracker ( NXT ), the expansion also marks 20 new or expanded US manufacturing partner facilities since 2021 and enables the company to provide over 25 GW of US solar tracker capacity each year, according to the statement.

Price: 43.31, Change: +0.33, Percent Change: +0.77

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