Posted on 04/22/2013 3:50:39 PM PDT by Rio
SoloPower plans to halt operations at its Portland solar panel plant on June 17, company officials alerted the state today.
The California-based startup plans to layoff 29 workers, including 10 engineers, as part of the move. It received millions in incentives to build the Portland panel plant, but its launch fell months behind its promised benchmarks.
Julian Biggs, the company's chief legal officer, said the decision came as a result of "a significant downturn in business and the need for a major reorganization."
The company sent the Worker Adjustment and Retraining Notification Act Wednesday to the state. It's unclear when or whether operations may start back up at the North Marine Drive plant.
SoloPower last month laid off 61 from its San Jose headquarters.
Isn’t Portland a place where it rains a lot? Didn’t anyone think to figure in down-time due to no direct sunlight?
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