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ARRAY Opens New Albuquerque Manufacturing Facility with Ribbon Cutting Ceremony

Array Technologies’ new $50+ million Albuquerque facility increases U.S. solar manufacturing capacity while adding about 300 local jobs and leveraging public incentives.

(Moderate)
(Very Positive)
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Array Technologies (ARRY) has opened a new 216,000-square-foot manufacturing facility in Albuquerque, New Mexico, following a more than $50 million investment. The plant is about three times the size of the company’s prior local site and is expected to support approximately 300 jobs across production, assembly, design, engineering, customer service and other functions.

The facility will expand domestic manufacturing of Array’s solar tracking and related components, bringing in-house parts that were previously sourced from external suppliers. Several components produced there qualify for the Section 45X Advanced Manufacturing Production Tax Credit, supporting cost competitiveness versus imports. The LEED-certified building was backed by a public-private partnership, including $2.5 million from New Mexico’s LEDA job-creation fund, $250,000 each from the City of Albuquerque and Bernalillo County, and partial property-tax abatement via an Industrial Revenue Bond.

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Positive

  • New manufacturing facility investment of more than $50 million in Albuquerque
  • Plant size of 216,000 square feet, about three times the prior local site
  • Facility expected to support approximately 300 jobs across multiple functions
  • Several components produced qualify for Section 45X advanced manufacturing tax credits
  • Public support includes $2.5 million from New Mexico’s LEDA fund plus $250,000 each from the City of Albuquerque and Bernalillo County
  • Partial property-tax abatement obtained through an Industrial Revenue Bond

Negative

  • None.

Market Context

ARRY was up 2.17% before publication, while scanner peers split between SEDG at +0.06% and SPWR at -...
Analysis

ARRY was up 2.17% before publication, while scanner peers split between SEDG at +0.06% and SPWR at -3.09%; this divergence left no peer-confirmed sector move alongside the facility-opening announcement.

Key Figures

Facility investment: $50+ million Facility size: 216,000 square feet Supported jobs: Approximately 300 jobs +3 more
Facility investment
$50+ million
New Albuquerque manufacturing facility
Facility size
216,000 square feet
New Albuquerque manufacturing facility
Supported jobs
Approximately 300 jobs
Production, assembly, design, engineering and other functions
Tracker deployments
More than 100 GW
Worldwide deployments
State LEDA funding
$2.5 million
New Mexico Local Economic Development Act job-creation fund
Municipal LEDA funding
$250,000 each
City of Albuquerque and Bernalillo County

Key Terms

balance-of-system, section 45x advanced manufacturing production tax credit, industrial revenue bond, leed-certified
4 terms
balance-of-system technical
"fixed-tilt products, foundation and other balance-of-system solutions"
Balance-of-system refers to all the equipment and components that make a power-generation installation work aside from the primary energy producers (for example, solar panels or wind turbines). It includes items like wiring, inverters, mounting structures, foundations, switches and monitoring devices; these parts determine installation cost, reliability and upkeep — similar to a home’s plumbing and wiring that control how well the main appliances actually run — so BOS has a direct impact on project budgets, schedules and investor returns.
section 45x advanced manufacturing production tax credit regulatory
"qualify for the Section 45X Advanced Manufacturing Production Tax Credit"
A Section 45X advanced manufacturing production tax credit is a U.S. federal tax incentive, written into the Internal Revenue Code, that pays manufacturers a per-unit or per-weight credit for producing specified clean-energy components (for example, certain solar, wind, battery, and related parts) in the United States. It matters to investors because it changes the economics of domestic manufacturing — like a per-piece subsidy — which can raise margins, improve cash flow, and influence capital spending and valuation for companies in eligible industries.
industrial revenue bond financial
"partial property-tax abatement through an Industrial Revenue Bond"
A municipal bond issued by a government or local authority to raise money for a private company’s industrial project—like a factory, warehouse, or equipment—where the government acts as the borrower on paper but the private company repays the loan from the project’s revenues or lease payments. It matters to investors because interest may be tax-exempt while the credit risk and repayment depend mainly on the private company’s ability to operate the project, not the government’s general finances, so it is like lending to a business but through a public issuer.
leed-certified technical
"The LEED-certified building is designed to support"
LEED-certified means a building or project has earned a widely recognized rating for energy efficiency, resource use and environmental design, awarded after meeting third-party standards. For investors, it signals lower operating costs, potential higher tenant demand and reduced regulatory or reputational risk—similar to buying a car with a high fuel-efficiency and safety rating, you often pay more upfront but expect lower ongoing costs and steadier resale value.

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The 216,000 square foot facility represents a significant advancement for domestic manufacturing of American solar technology

ARRAY Ribbon Cutting Ceremony

ALBUQUERQUE, N.M., Sept. 09, 2026 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ: ARRY) (“ARRAY” or the “Company”), a leading global provider of solar tracking technology and fixed-tilt products, foundation and other balance-of-system solutions, software and services, today celebrated the opening of a new $50+ million manufacturing facility in Albuquerque, New Mexico.

The 216,000-square-foot facility, which is roughly three times the size of ARRAY’s prior Albuquerque site, significantly expands the Company’s domestic manufacturing capabilities and will support approximately 300 jobs across production, assembly, design, engineering, customer service and other functions.

Founded and headquartered in Albuquerque for more than 35 years, ARRAY has grown from its New Mexico roots into a global solar technology leader with more than 100 GW of tracker deployments worldwide. The new facility builds on that history, and expands ARRAY’s ability to deliver benefits to customers through greater supply-chain control, shorter delivery times, lower costs, and increased flexibility.

“ARRAY was founded here in Albuquerque, and manufacturing has been at the heart of our company from the beginning,” said Kevin Hostetler, Chief Executive Officer of ARRAY Technologies. “This investment reflects our confidence in the future of ARRAY, our commitment to our customers and our continued belief in American solar manufacturing. By expanding what we can produce here at home, we are strengthening our supply chain, creating skilled career opportunities and building capabilities that will help us serve our customers for years to come.”

ARRAY commemorated the opening with a ribbon-cutting ceremony featuring remarks from U.S. Senator Martin Heinrich, Albuquerque Mayor Tim Keller, Bernalillo County Commissioner Barbara Baca, CEO of the Solar Energy Industries Association (SEIA) Gov. Tim Pawlenty, CEO of American Clean Power Association (ACP) Jason Grumet, employees, customers, suppliers and community partners. Guests toured the facility and saw firsthand the advanced manufacturing processes that will support ARRAY’s growing domestic production capabilities.

“Array Technologies’ new $50 million facility on Albuquerque’s West Side is a testament to the strength of our workforce and New Mexico’s leadership in unlocking our country’s clean energy future,” said Sen. Martin Heinrich, Ranking Member of the U.S. Senate Energy and Natural Resources Committee. “This new facility will employ more than 300 New Mexicans and create high-skilled jobs, from welders to tooling and die technicians. It’s proof that when we invest in American-made energy, we’re not just building the technologies that will power our future — we’re creating good-paying jobs, strengthening local economies, and helping lower electricity costs for families and small businesses. And this is just the beginning.”

“America needs more low-cost, reliable electricity and ARRAY’s proving we can build it with American workers, American manufacturing, and American ingenuity,” said Tim Pawlenty, CEO of the Solar Energy Industries Association (SEIA).

“Bernalillo County is proud to be a reliable, forward-thinking partner for businesses like Array Technologies that invest in our community’s future. Today’s expansion shows what’s possible when we work together to strengthen our local economy and create high-quality jobs,” said Bernalillo County Commissioner Barbara Baca.

Built around lean manufacturing principles and a culture of continuous improvement, the new facility enables ARRAY to bring production in-house for components the Company has historically sourced from outside suppliers. Several components manufactured at the facility qualify for the Section 45X Advanced Manufacturing Production Tax Credit, which supports continued investment in U.S. manufacturing and helps domestically produced components remain cost competitive with imports.

ABQ Exterior Building

The campus will also expand opportunities for skilled manufacturing careers in Albuquerque, including roles such as stamping press operators, tooling and die technicians, and process engineers.

The facility was supported through a public-private partnership that includes $2.5 million from New Mexico’s Local Economic Development Act (LEDA) job-creation fund, as well as $250,000 each in LEDA funding from the City of Albuquerque and Bernalillo County and partial property-tax abatement through an Industrial Revenue Bond.

The LEED-certified building is designed to support ARRAY’s current manufacturing needs while providing capacity for future growth across the Company’s broader portfolio.

For more information about ARRAY Technologies, visit arraytechinc.com.

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 photovoltaic sites. With solutions engineered to withstand harsh weather conditions, ARRAY’s high-quality solar trackers, fixed-tilt systems, software platforms, foundation and other balance-of-system solutions, and field services combine to maximize 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 www.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, operations and other factors relating thereto. Words such as "may," "will," "could," "would," "should," "anticipate," "predict," "potential," "continue," "expects," "intends," "plans," "projects," "believes," "estimates" and similar expressions are used to identify these forward-looking statements. Forward-looking statements include, without limitation, statements regarding the expected number of jobs to be supported by the new Albuquerque manufacturing facility; the anticipated benefits to customers from expanded domestic manufacturing capabilities; the Company's ability to expand in-house production capabilities over time across its broader product portfolio; the eligibility of components manufactured at the facility for the Section 45X Advanced Manufacturing Production Tax Credit and the anticipated benefits of that credit to the competitiveness of the Company's domestically produced components; and the Company's business strategy and growth prospects. 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, the Company's ability to ramp production at the new facility on the anticipated timeline; actual job creation that may differ from current estimates; changes in government policy or incentives supporting domestic manufacturing, including the availability or terms of the Section 45X Advanced Manufacturing Production Tax Credit; volatility in steel and other commodity prices and the availability of components and raw materials; macroeconomic conditions, trade policy changes, or supply chain disruptions affecting the Company's manufacturing operations; and the Company's ability to expand its domestic production capabilities as currently planned. 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 on file with the SEC, each of 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 
Steven Kirsch
+1 505-738-6923
media@arraytechinc.com  

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

Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/2f2a58ac-44da-4b26-a4d5-d6855949b492
https://www.globenewswire.com/NewsRoom/AttachmentNg/746b4124-6a71-4024-9532-f5fbde50fedf


FAQ

What types of roles will the new Array Technologies facility create in Albuquerque?

The new campus will expand opportunities for skilled manufacturing careers in Albuquerque, including roles such as stamping press operators, tooling and die technicians, process engineers, and other positions across production, assembly, design, engineering, customer service and additional functions.

How does the new facility change Array Technologies’ production approach?

The facility is built around lean manufacturing principles and a culture of continuous improvement. It enables Array to bring in-house production of components that were historically sourced from outside suppliers, which the company says enhances supply-chain control, shortens delivery times, reduces costs and increases flexibility.

What tax credits are associated with components manufactured at the new plant?

Several components manufactured at the facility qualify for the Section 45X Advanced Manufacturing Production Tax Credit. This credit supports continued investment in U.S. manufacturing and helps domestically produced components remain cost competitive with imported alternatives.

What public incentives supported construction of Array’s new Albuquerque facility?

The project was supported through a public-private partnership that includes $2.5 million from New Mexico’s Local Economic Development Act (LEDA) job-creation fund, $250,000 in LEDA funding from the City of Albuquerque, $250,000 in LEDA funding from Bernalillo County, and partial property-tax abatement provided via an Industrial Revenue Bond.

How is the new building designed to support Array Technologies’ future growth?

The LEED-certified building is designed to meet Array’s current manufacturing needs while also providing capacity for future growth across the company’s broader product portfolio, supporting expansion of domestic solar tracker and related component production over time.

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