Array Applied sciences introduced plans right now to broaden its presence in New Mexico with a brand new $50 million manufacturing campus in Bernalillo County.
Array began its photo voltaic tracker manufacturing operations in Albuquerque over 30 years in the past. Immediately’s announcement is for a brand new 216,000-ft2 campus on Albuquerque’s west facet. Building is anticipated to start in early 2024, and Array plans to rent practically 100 new staff.
Array and its companions will make investments $50 million within the improvement. New Mexico state can be aiding with $2.5 million from the Native Financial Growth Act (LEDA) job creation fund.
“Our basis was laid in Albuquerque over 30 years in the past, and this growth is a testomony to our longstanding relationship with this vibrant neighborhood,” stated Kevin Hostetler, Array CEO. “This transfer signifies extra than simply development; it reaffirms our dedication to New Mexico, its folks, and the worldwide renewable vitality mission we’ve passionately pursued since we opened. We’re excited to proceed lighting the best way to a brighter, cleaner vitality future from our residence state.”
The Metropolis of Albuquerque and Bernalillo County are aiding with $250,000 every of further LEDA funds, along with partial property-tax abatement via an Industrial Income Bond with Bernalillo County.
Information merchandise from Array Applied sciences