Conduits of Growth & Category Expansion slide image

Conduits of Growth & Category Expansion

Exposed to Strong Underlying MegaTrends ▲ Atkore Demand Driver by Key Product Area "Electrification of Everything" Grid Hardening Digital Infrastructure Growth in Renewables (Illustrative Impact) Plastic Pipe, Conduit & Fittings + +++ +++ + Metal Electrical Conduit & Fittings + ++ + Metal Framing, Cable Management & Construction Services + +++ + Electrical Cable & Flexible Conduit + + Mechanical Tube + +++ A Atkore According to a study from Princeton University, electrifying nearly all transport and buildings could contribute to doubling or more the amount of electricity used in the U.S. by 2050. That would lift electricity's share of total energy used to close to 50% from about 20% today. Source: The Wall Street Journal. In 2021, PG&E announced plans to underground 10,000 miles of powerlines For Florida Power & Light's (FPL) Storm Secure Power Line Program, approximately two dollars from every paying customer every month goes toward the initiative Source: Company websites. Double digit increase in data center spend through 2026 $65B committed for broadband deployment by the Infrastructure Investment and Jobs Act (IIJA) $39B in manufacturing incentives for semiconductor manufacturing from the CHIPS and Science Act Source: International Data Corporation; U.S. Chamber of Commerce; WhiteHouse.gov A Expect greater than 50% of US power supply from renewables by 2035 In 2021, 46% of all new electric capacity added to the grid came from solar ▲ Various investments throughout the value chain included in the Inflation Reduction Act (IRA) Source: McKinsey; Solar Energy Industry Association; Sidley.
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