Spanish wind towers producer GRI and Mitsui have signed a memorandum of understanding (MoU) to form a joint venture to invest in a US factory.
The factory, to be built on the east coast, will manufacture towers to supply the growing US offshore wind sector, with the aim of commissioning by 2026.
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Mitsui and GRI are already conducting a detailed analysis of potential plant locations.
In addition, Nucor Corporation, North America’s largest steel producer and recycler, will act as a strategic supply chain partner for the joint venture, providing sustainable steel, including thick sheet steel, for the factory.