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Solar Roof Panel Maker Completes 450K-SF Georgetown Plant
GAF Energy has opened its new 450,000-square-foot Timberline Solar manufacturing facility in Georgetown. The company built the facility to meet the growing demand for its solar roof product.
The company’s second manufacturing facility will increase its capacity by 500% and bring the total production of its solar shingle to 300 megawatts annually, making GAF Energy the largest producer of solar roofing in the world.
The operation is eventually expected to employ at least 265 people. Portman Industrial built the single-tenant facility at the 52-acre site, with ARCO/Murray as the construction partner, and then sold it to Philadelphia-based EQT Exeter’s new real estate investment trust in March.
The Georgetown City Council approved a tax increment reinvestment zone to help pay for infrastructure work at the site. The agreement involved both a personal and property tax abatement for GAF over a 10-year time period.
- ◦Development