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Nucor Signs Supply Agreement With Array Technologies for Solar-Project Development

·2 min read
Nucor Signs Supply Agreement With Array Technologies for Solar-Project Development
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As North America's largest recycler, steelmaker Nucor (NYSE: NUE) knows that sustainability is good for citizens, as well as stakeholders. The company has been growing its use of renewable energy to power portions of its operations, and expanding generation capacity in areas like solar power is also good for Nucor's business. To that end, Nucor and Array Technologies (NASDAQ: ARRY), one of the world's largest manufacturers of ground-mounting systems used in solar energy projects, announced a supply agreement yesterday that aims to benefit both companies.