Dedicated Nextracker Manufacturing Line at New MSS Steel Factory to Bring New Jobs and Millions of Dollars in Investment to Tennessee Valley Region

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3-Gigawatt Volume Commitment Agreement Drives Additional Manufacturing Expansion in Memphis

Nextracker Inc. (NASDAQ:NXT), a global market leader in utility-scale solar trackers, and MSS Steel Tubes USA, a joint venture of Metalogalva and Soufer, today announced the commissioning of a new Tennessee factory to manufacture low-carbon steel components for Nextracker's solar tracking systems. The Memphis-based facility will manufacture Nextracker steel torque tubes, creating 129 jobs and generating millions of dollars in local economic investment.