BCI Steel and Full Tilt Energy Systems Announce Significant Investment From The Calandra Group
The Calandra Group, the Pittsburgh-based affiliate of JM Steel, has made an equity investment into BCI Steel, a leading contract manufacturer of solar tracking systems, and Full Tilt Energy Systems, an exceptional utility scale fixed-tilt racking system.
Leetsdale, PA - BCI Steel and Full Tilt Energy Systems are proud to announce a significant equity investment from the Calandra Group: a Pittsburgh-based affiliate of JM Steel.
BCI Steel is a leading contract manufacturer of solar tracking systems, most notably for Nextracker, the world’s largest solar tracker company. The investment from Calandra Group will enable BCI Steel to rapidly expand capacity at its factory in the Pittsburgh area to keep pace with growing demand for US-manufactured solar structures. BCI Steel was recently highlighted by Secretary of Energy Jennifer Granholm as a prime example of advanced manufacturing onshoring: a trend that strengthens American energy independence and long-term energy resiliency.
Full Tilt Energy Systems, a division of BCI Steel, offers a highly innovative fixed-tilt solar racking system with installations in the USA and Europe and a multi-GW pipeline of future projects. The investment from The Calandra Group will provide Full Tilt Energy Systems with the necessary capital, operational expertise, raw material buying power, and project financing to significantly expand market share.
Matt Carroll, CEO of BCI Steel and Full Tilt Energy Systems said in a statement:
“We are thrilled to have The Calandra Group as partners in our drive to have American Solar ‘Made in America’ again. The Calandra Group and JM Steel, with tremendous operational expertise and unmatched steel procurement experience will give BCI Steel significant horsepower to increase our position as a leading supplier of tracker torque tubes. For our Full Tilt™ product line, combining the Calandra Group’s financial strength with our in-house engineering expertise and deep solar experience will allow us to take on the largest utility-scale projects and to continue innovating and expanding our fixed-tilt product line.”
Tony Calandra, CEO of the Calandra Group, added:
“We are excited to further invest in the rapidly growing solar industry through these unique opportunities with BCI Steel. The BCI team has impressed us with their vast knowledge and relationships within the solar industry, and has been at the forefront of designing innovative solutions for the market. The investment in the Pittsburgh based factory provides us additional torque tube manufacturing capacity in our hometown that will supply the needs of the Northeast region, as well as provide us access to a highly adaptable fixed-tilt racking solution in the Full Tilt™ system. We are looking forward to working with the BCI Team to continue to deliver high quality and innovative solutions to the solar industry.”
RE+ Anaheim
Full Tilt Energy Systems will be exhibiting at RE+ in Anaheim, CA from September 20-22 at booth #144. More information can be found at www.ft.solar or by contacting Josh Beck, VP of Business Development at Josh.Beck@Full-Tilt.com
About BCI Steel
Based just outside of Pittsburgh, PA, BCI Steel has recently rebuilt and retooled a former Bethlehem Steel factory to manufacture solar tracker torque tubes for Nextracker. BCI has deep experience in engineering, contract manufacturing, and supply chain management and has been a leading global manufacturer of solar trackers since 2010. Email: matt@bci-engineering.com
About Full Tilt Energy Systems
Full Tilt Energy Systems, a division of BCI Steel, offers an innovative fixed-tilt solar racking solution focused on radically reducing installation time and cost. The Full Tilt™ system is equipped with a host of time-saving features including self-grounding cinch-clips, built-in wire management trays, and a self-aligning Longhorn™ panel rail system. Full Tilt’s module-agnostic system works with standard 72-cell module, First Solar Series 6™, and any new, larger module type. Email: Josh.Beck@Full-Tilt.com
About The Calandra Group and JM Steel
The Calandra Group, LLC, was formed by Tony Calandra in 2013 to house Calandra’s future investments in Chemical Manufacturing, Metal Cutting, Industrial Fabrication, Machining, Labor Services, Oil and Gas, and Conveyance industries. This global company is leading the way in ground control technology for the mining, tunneling, and civil construction industries.
JM Steel an affiliate of The Calandra Group has the processing capability and extensive inventory to provide a variety of flat-rolled steel products. With its geographical advantages and its location next to two world leaders in coil production, JM Steel prides itself on being the most responsive steel processor in the industry. Email: tcalandra@jennmar.com
For more information on Press Release: Email: martha.laughlin@full-tilt.com