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APA Solar Racking Announces Opening of New Headquarters in Ohio

ARRAY Technologies (NASDAQ: ARRY) announced APA Solar has opened a new 30,000 square foot headquarters on its Ridgeville Corners, Ohio manufacturing campus on March 30, 2026.

(Moderate)

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ARRAY Technologies (NASDAQ: ARRY) announced APA Solar has opened a new 30,000 square foot headquarters on its Ridgeville Corners, Ohio manufacturing campus on March 30, 2026. The expansion creates a Foundations Center of Excellence, a 5-acre testing solar site, and research, testing, and training facilities to strengthen domestic manufacturing and integrated tracker-foundation solutions.

The facility aims to accelerate engineering-manufacturing-commercial collaboration, shorten development cycles, and reinforce long-term investment in U.S. operations and local community jobs.

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Positive

  • 30,000 sq ft new headquarters added to Ohio manufacturing campus
  • 5-acre solar site for product testing and innovation
  • Foundations Center of Excellence to advance foundation solutions for challenging soils
  • Improved engineering-manufacturing integration with ARRAY tracker interoperability

Negative

  • None.
Argus Mar 31 session
+5.09% close to close Open Argus
Details

News Market Reaction – ARRY

On Mar 31, the first trading day after this news, ARRY closed 5.09% above the previous close.

Data tracked by StockTitan Argus for the Mar 31 session.

Key Figures

Headquarters size: 30,000 square feet Innovation solar site: 5 acres APA inception year: 2008
Headquarters size
30,000 square feet
New APA Solar headquarters on Ohio manufacturing campus
Innovation solar site
5 acres
On-campus solar site dedicated to new product innovation and testing
APA inception year
2008
APA Solar has maintained primary operations in Ohio since inception

Historical Context

5 past events · Latest: Mar 19
5 events
  1. Mar 19

    Board expansion

    24h Move
    -3.9%

    Expanded Board to ten with two independent directors adding renewables experience.

  2. Feb 25

    Earnings results

    24h Move
    +2.5%

    Reported strong 2025 revenue growth, record orderbook, and detailed 2026 guidance.

  3. Feb 23

    Investor conference

    24h Move
    -4.8%

    Announced participation in a Jefferies power and clean energy investor conference.

  4. Feb 18

    Credit facility

    24h Move
    -6.6%

    Upsized and extended revolving credit facility to $370M, increasing liquidity and flexibility.

  5. Feb 04

    Earnings date

    24h Move
    -6.9%

    Announced timing and access details for Q4 and full-year 2025 earnings call.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

solar racking, frost-heave
2 terms
solar racking technical
"APA Solar (“APA”), an ARRAY Company and a premier solar racking and foundations solutions provider."
Solar racking is the mounting system that holds solar panels in place on rooftops or the ground, like the scaffolding or rack that supports and orients a set of solar tiles. It matters to investors because the racking affects installation speed, panel efficiency, durability and maintenance costs, all of which influence the total cost and long‑term returns of a solar project; a better rack can mean lower risk and higher cash flow.
frost-heave technical
"advancing foundation innovation for sites with challenging soils and frost-heave conditions."
Frost-heave is the upward movement of soil and surfaces caused when water in the ground freezes and expands, forming ice lenses that lift foundations, roads or pipelines. Think of it like ice forming under a rug and pushing the rug up; the result can crack structures, disrupt utility lines and shorten the life of paved surfaces. Investors track frost-heave risk because it can increase construction and repair costs, delay projects, raise insurance claims and reduce property or infrastructure value in cold climates.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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New building will anchor Center of Excellence for engineered foundation innovations and domestic manufacturing

ALBUQUERQUE, N.M., March 30, 2026 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ: ARRY) (“ARRAY” or the “Company”), a leading global provider of solar tracking technology products, software, and services for utility-scale solar energy projects, today announced the opening of the new headquarters of APA Solar (“APA”), an ARRAY Company and a premier solar racking and foundations solutions provider.

The 30,000 square foot new headquarters expands APA’s presence on its main Ohio manufacturing campus in Ridgeville Corners. The new headquarters building will foster collaboration and faster innovation cycles by bringing customer-facing roles and business functions together with APA’s engineering and domestic manufacturing talent.

The expanded campus will serve as the home of APA’s Foundations Center of Excellence, advancing foundation innovation for sites with challenging soils and frost-heave conditions. The Center of Excellence will also strengthen technical interoperability between APA foundations and ARRAY tracker solutions, delivering differentiated customer value through integrated offerings.

The campus will include a research, testing, and training center for new product development, including a 5-acre solar site for new product innovation.

“The integration of APA Solar into ARRAY has exceeded our expectations, and this investment in the Ohio campus reflects our confidence in what this team can deliver as we accelerate growth in the utility-scale market,” said Kevin G. Hostetler, Chief Executive Officer at ARRAY. “The new headquarters and Center of Excellence will tighten collaboration across our engineering, manufacturing, and commercial organizations, shortening the path from development to customer value. This facility positions us for our next phase of innovation - a core strategic imperative for ARRAY.”

“This headquarters represents more than a new building — it brings our team together under one roof in a space designed for collaboration, growth, and innovation,” said Josh Von Deylen, CEO, APA Solar. “It’s an investment in our people, our culture, and the promising future of APA combined with ARRAY.”

APA Solar remains rooted in Ohio, where it has maintained its primary operations since its inception in 2008. The new building reinforces APA’s dedication to U.S. domestic manufacturing, technical expertise, and long-term investment in the local community.

About ARRAY Technologies 

ARRAY Technologies (NASDAQ: ARRY) is a leading global provider of solar tracking technology and fixed tilt systems to utility-scale and distributed generation customers who construct, develop, and operate solar PV sites. With solutions engineered to withstand the harshest weather conditions, ARRAY’s high-quality solar trackers, fixed-tilt systems, software platforms, foundation solutions, and field services combine to optimize energy production and deliver value to our customers for the entire lifecycle of a project. Founded and headquartered in the United States, ARRAY is rooted in manufacturing and driven by technology – relying on its domestic manufacturing, diversified global supply chain, and customer-centric approach to design, deliver, commission, train, and support solar energy deployment around the world. For more news and information on ARRAY, please visit arraytechinc.com.

Forward Looking Statement

This press release contains forward-looking statements. These statements are not historical facts but rather are based on the Company’s current expectations and projections regarding its business, corporate governance, and other factors relating thereto. Words such as “may,” “will,” “could,” “would,” “should,” “anticipate,” “predict,” “potential,” “continue,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates” or similar expressions and the negatives of those terms. Forward-looking statements include anticipated benefits in terms of collaboration, innovation, and growth for ARRAY and APA as a result of the new headquarters building, Center of Excellence, and research, testing, and training center These statements are only predictions and as such are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. These risks, uncertainties, and assumptions include, without limitation, our ability to successfully integrate the acquired business into our existing operations and realize the anticipated benefits or synergies of the acquisition, and the future performance of the acquired business. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors. Forward-looking statements should be evaluated together with the risks and uncertainties that affect our business and operations, particularly those described in more detail in the Company’s most recent Annual Report on Form 10-K and other documents we file with the SEC, which can be found on our website www.arraytechinc.com. Except as required by law, we assume no obligation to update these forward-looking statements, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

Media Contact
Reese Gorniak
419-850-2130
media@arraytechinc.com

Steven Kirsch
505-738-6923
media@arraytechinc.com

Investor Relations Contact
ARRAY Technologies, Inc.
Investor Relations
investors@arraytechinc.com


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did ARRAY (ARRY) announce about APA Solar on March 30, 2026?

ARRAY announced APA Solar opened a new 30,000 sq ft headquarters on its Ohio campus. According to the company, the site includes a Foundations Center of Excellence, research and testing facilities, and a 5-acre solar test plot to speed product development.

How will APA Solar's new Ohio headquarters affect ARRAY's product development?

The headquarters is intended to shorten development cycles and improve cross-team collaboration. According to the company, colocating engineering, manufacturing, and commercial teams tightens integration and accelerates innovation for tracker-foundation interoperability.

What facilities are included in APA Solar's new Ridgeville Corners campus expansion?

The expansion includes a 30,000 sq ft building, a Foundations Center of Excellence, and a 5-acre solar site for testing. According to the company, the campus also features research, testing, and training centers for new product development.

Does the APA Solar expansion signal a commitment to U.S. manufacturing for ARRY investors?

Yes, the move reinforces APA’s commitment to domestic manufacturing and local investment. According to the company, APA remains rooted in Ohio and the facility strengthens its U.S.-based technical and manufacturing capabilities.

Will the new APA Solar Center of Excellence impact ARRAY's market offering (ARRY)?

The Center aims to enhance integrated foundation and tracker solutions, potentially improving product differentiation. According to the company, closer technical interoperability is expected to deliver differentiated customer value through integrated offerings.

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