JM Steel announces expansion in Pittsburgh area as demand for solar energy increases [CBS News]
Nextracker Inc. (NXT)
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Source: CBS News
Justina Whipkey is playing a key role in the future of renewable energy taking place right here in Western Pennsylvania at the old Bethlehem Steel Plant, a factory used during World War II, now transformed to produce components like tubes for solar panel systems. "It makes me feel like I'm part of something so much bigger than myself," Whipkey said. Tony Calandra is the CEO of Jennmar Holdings at JM Steel. "What better story to bring manufacturing back to Pittsburgh, and to help the local steel mills in the area with supplying us steel on an everyday basis," Calandra said. JM Steel makes these products for Nextracker, a technology company that supplies trackers that follow the sun and enhance solar energy to plants across Pennsylvania, Ohio, and other parts of the Mid-Atlantic and Midwest. Founder of Nextracker, Dan Shugar said the demand is only spiking and they, with JM Steel, tripled capacity in the last 18 months. "What's happening here in Pittsburgh is we initially l
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