Array Technologies will officially break ground today on its previously announced $50 million manufacturing campus in Bernalillo County, New Mexico. U.S. Secretary of Energy Jennifer Granholm, and U.S. Senators Martin Heinrich and Ben Ray Luján will join Array officials at today’s groundbreaking.
“Array’s new manufacturing facility will create good-paying jobs in New Mexico, strengthen the domestic solar supply chain, and ultimately help us achieve greater American energy independence,” said Kevin G. Hostetler, chief executive officer of Array Technologies. “This is a perfect example of government entities working together at all levels to promote pro-growth policies that create American jobs and support local businesses. With federal action like the Inflation Reduction Act and the support of state and local officials, Array is proud to be at the forefront of the solar energy boom.”
Array, one of New Mexico’s few publicly traded companies, manufactures utility-scale solar tracking technology. The company was founded in Albuquerque 30 years ago and will now expand its operations in the area further.
“New Mexico Democrats have delivered an American manufacturing renaissance thanks to historic legislation like the Inflation Reduction Act. Array Technologies’ newest manufacturing facility is the latest proof of that — creating new careers New Mexicans can build their families around, producing new technologies that will lower costs for working families, and further solidifying our state at the center of the nation’s clean energy future,” said U.S. Senator Martin Heinrich (D-N.M.)
The Inflation Reduction Act’s production tax credit made this investment possible, which will bring new manufacturing careers to the community. The new 216,000-ft2 campus, located on Albuquerque’s west side, will employ over 300 residents in the near-term to facilitate the production, assembly, design, engineering and customer service of solar tracking technology.
In addition to the Inflation Reduction Act’s tax credits, Array’s expansion is also made possible in part by $2.5 million in economic assistance from the Local Economic Development Act (LEDA) job-creation fund, awarded by the state. Additional support from the City of Albuquerque and Bernalillo County includes $250,000 each of LEDA funds and partial property-tax abatement through an Industrial Revenue Bond. Between capital investments and job creation, the expansion project is expected to have an economic impact of more than $300 million over 10 years.
