Arcosa has received wind tower orders of approximately $750 million for delivery beginning in 2024 and continuing through 2028.
The majority of these orders will support wind energy expansion projects currently underway in the Southwest. As a result, Arcosa plans to open a manufacturing facility in Belen, New Mexico, strategically located to supply these major projects.
“We look forward to expanding our manufacturing capacity to New Mexico, where market demand for new wind projects is robust,” said Antonio Carrillo, president and CEO. “Our new facility will strengthen our position in the wind tower market and enable Arcosa to benefit from growing wind investment in the Southwest. We are pleased to create new jobs in the state of New Mexico, which has been a supportive partner and a strong proponent of wind energy development.
“The outlook for our wind business remains favorable, reflecting rising demand for access to clean energy. Since the passage of th