Samco Machinery has been primarily known for its work in the auto parts industry, but the company has begun to expand its horizon to include the manufacturing of solar racking equipment. Working with SunEdison, Samco is in the process of modernizing its machinery and investing in new equipment for its new endeavor. The company is looking to supply Ontario and North America itself with solar racking equipment in the coming months.
“Ontario's commitment to adding new sources of renewable energy has helped stimulate our business and create manufacturing jobs. Working with a solar powerhouse like SunEdison has provided Samco with a significant opportunity for expansion into the energy sector,” said David A. Pichard, vice president of solar business development at Samco Machinery.
The Toronto Observer reports that Samco invested around CAD$1.5 million to introduce the production of solar racks into their business. Samco and SunEdison began their collaboration this July with its “Delta Rack”, the first solar racking equipment in Ontario for SunEdison. Under its new direction, Samco will create 60 new jobs and estimates that around 10% of its business will come from the solar market during 2011. According to the Observer, Samco produced its first solar rack this past July, with shipment to SunEdison starting on November 12, 2010.