Milford, NH, --Hitchiner Manufacturing Co., Inc. has announced that it, working with ReVision Energy, has installed a 510-kilowatt solar array on-site at one of its Milford, NH, manufacturing facilities. The array represents a $1 million investment in cost competitive renewable energy. The array will produce more than 625,000 kilowatt-hours of renewable energy every year at a cost of less than $0.04 per kilowatt-hour. This will save Hitchiner more than $3.5 million over the array’s lifespan, and reduce Hitchiner’s carbon footprint by more than 665,000 pounds annually.
Investing in cost competitive renewable energy is consistent with Hitchiner’s sustainable growth strategy in the state. In 2018 Hitchiner announced plans to invest $50 million in a new 85,000 square foot facility that will eventually create up to 85 new jobs in Milford, NH. The facility was completed in 2019, and to date has already created 70 new positions, with plans to add more than the 85 positions originally projected as the business grows.
One of the major hurdles in deciding to make that investment in New Hampshire were the state’s electrical costs, which are among the highest in the nation. On announcing plans for the new facility John H. Morison, III, Hitchiner’s Chairman & CEO, said: “If we are to continue to grow here beyond this plant, we will need to keep working together to make New Hampshire a more attractive and competitive state in which to invest. We need to… perhaps most critically… develop competitive and reliable sources of commercial energy so that businesses, and manufacturers in particular, can grow the state’s economy.”
Hitchiner’s $1 million investment in solar is just one step in the company’s plans to continue working towards developing competitive and sustainable sources of energy in the state of New Hampshire. Hitchiner’s leadership looks forward to collaborating with New Hampshire business and industry leaders along with local, state, and federal representatives to develop innovative solutions for New Hampshire’s energy challenges.
About Hitchiner Manufacturing Co., Inc.
Founded in 1946 and headquartered in Milford, New Hampshire, Hitchiner Manufacturing Co., Inc. is the supplier of choice for investment castings and fully-finished casting-based components and sub-assemblies. Leading companies in the automotive, aerospace and other industries around the globe use our castings and rely on Hitchiner to provide volume production, reduced lead-times, and just-in-time manufacturing. https://www.hitchiner.com
About ReVision Energy
ReVision Energy is New England’s most experienced solar company with over 10,000 installations for businesses, municipalities, nonprofits, and families. As a Certified B Corporation owned by its 300+ employees, ReVision is part of a global movement using business as a force for good to solve social and environmental issues. ReVision Energy has been named “Business of the Year” by Business NH Magazine, #1 Rooftop Installer in New England by Solar Power World Magazine, and a "Best for the World" company by B Labs.