On March 14, 2023, Arcosa, a provider of infrastructure-related products and solutions based in Dallas, Texas, announced a plan to invest between $55 to $60 million to purchase property, modify the existing plant and procure necessary equipment to create a new wind tower manufacturing facility in Belen, N.M.
Supported by incentives from the state of New Mexico and the city of Belen, the plant is expected to begin production in mid-2024. Since the passage of the Inflation Reduction Act, Arcosa has received wind tower orders in excess of $1.1 billion, including a significant level of backlog through 2028 for the Belen facility. Additional capacity is available to support further expansion in the Southwest region.
This week President Biden toured the new Arcosa Wind Towers manufacturing site in Belen and stated: “Today we are here breaking ground on a new plant that is going to create 250 new good-paying jobs. And meanwhile we are speeding up permitting for new transmissions lines so that wind energy produced by these towers reaches people’s homes.”
“Arcosa is proud to have hosted President Biden,” says Antonio Carrillo, Arcosa’s president and CEO. “This new plant demonstrates the expected long-term positive impact of the Inflation Reduction Act that is driving the transition to clean energy and job creation. When completed the Belen plant will produce wind towers to meet the growing demand for renewable energy.”