Fast Company: ‘It put the industry on steroids’: How the IRA helped a rodeo parts manufacturer expand into solar
In East Texas, a steel manufacturing company that has long been known for making farm, ranch, and rodeo equipment, is now taking a big step into the solar industry. The move, aided by the benefits of the Inflation Reduction Act, is one example of how investments in the clean economy could reignite American manufacturing.
The Inflation Reduction Act, the landmark climate bill that will invest hundreds of billions of dollars into the clean energy economy, has a particular focus on ramping up American manufacturing and creating jobs, thanks to tax incentives that reward the use of materials made in the U.S. That helps spur business for companies like Priefert Steel, located in Mount Pleasant, Texas.
Recently, Priefert Steel announced it would begin manufacturing equipment for Nevados, which makes solar mounts and trackers—the machinery that automatically orients the solar panels toward the sun throughout the day. Nevados specifically makes all-terrain trackers, which allows solar panels to be placed on rough or hilly terrain, without the need to bulldoze or flatten the land.
Read more on Fast Company