Following the passage of the Inflation Reduction Act (IRA), OMCO Solar has expanded its Pierceton, Indiana manufacturing plant and has reached a milestone of shipping 9.5 GW of solar mounting and racking solutions.
In light of the company’s latest $5 million solar manufacturing investment, announced in April of 2022, OMCO Solar has now directed a total of $75 million towards equipment and tooling across its four domestic factories in Alabama, Arizona, Indiana and Ohio. OMCO Solar’s latest investment is focused on manufacturing OMCO Origin Tracker Torque Tubes in Indiana and Arizona.
“With more than 65 years of advanced steel production and over a decade of proprietary racking and tracker development, OMCO Solar has long been dedicated to domestic manufacturing,” said Gary Schuster, president and CEO of OMCO Holdings. “In fact, we’re the only racking and tracker company with all U.S. manufacturing locations, enabling factory-direct shipping for the shortest lead times and low freight costs.”
To further expand capacities at the Indiana operations, the Company has added an additional facility, and now has over 500,000 sq ft of domestic manufacturing capacity in total, across its four domestic factory locations.
“SEIA estimates the incentives this ‘#AmericanEnergyDeal’ provides could spur U.S. manufacturing capacity to exceed 50 GW by decade’s end. Now, thanks to the IRA tax credit provisions for trackers, we can continue to grow our team, solutions and factories to better serve our valued partners,” said Eric Goodwin, director of business development at OMCO Solar. “As a premier American manufacturer, OMCO Solar is passionate about creating jobs and accelerating our nation’s transition to clean energy to meet critical climate change goals.”
Over the last year, OMCO Solar has shipped 1 GW of its factory-direct Field-Fast, OMCO Choice and OMCO Origin mounting structures to over 30 states.
“We truly are a one-stop-shop for tracker and fixed-tilt systems for utility-scale and distributed generation,” Goodwin said.
News item from OMCO Solar