US solar panel maker to cut 1,600 jobs, halt plant in Ohio

The Associated Press. ^ | 11/17/2016 | The Associated Press.

[mdittmar]

TOLEDO, Ohio (AP) -- The biggest U.S. manufacturer of solar panels is cutting a quarter of its jobs worldwide and will halt production at its only North American plant in Ohio.

First Solar Inc. says it's facing challenging market conditions and needs to retool operations to begin making a more efficient solar panel.

The company based in Tempe, Arizona, will cut 1,600 jobs worldwide.

Details about the restructuring plan haven't been released, but the company says it will stop production at its plant near Toledo that employs about 1,400 workers.

[mdittmar]

Without harry stealing our tax dollars they will scurry away.

Reid Named Solar Champion of the Year

[headstamp 2]

Another racket living on the US taxpayer.

[Steely Tom]

First Solar Inc. says it's facing challenging market conditions and needs to retool operations to begin making a more efficient solar panel.

I wouldn't hold my breath on that one.

[hal ogen]

Yet another “solar” racket by the climate criminals.

[tomkat]

Get back to us in 10 years if/when you’ve made the damned things cheap and reliable.

[Starboard]

The Democrat gravy train of subsidies just derailed.

[polymuser]

Ahhhh... how many ‘green’ taxpayer-funded pig trough businesses will soon see some big changes?

[mdittmar]

and when they can make a profit, without our money;)

[rockinqsranch]

The Democrat leeches are doing exactly as expected.

[upsdriver]

First Solar Inc. says it's facing challenging market conditions and needs to retool operations to begin making a more efficient solar panel.

Translated: With a pro-energy president in office, our product cannot compete on the free market against cheap coal, oil and gas.

[bert]

Well, there goes the warranties

[pissant]

Gee, I wonder if by any chance this fraud of a company talked to Obama or Hillary who asked them to hold off until right after the election to announce this????

[mrsmith]

This article says only laying off 450 in Ohio:
http://www.toledoblade.com/Energy/2016/11/17/First-Solar-announces-450-layoffs-at-Perrysburg-Township-plant.html

[mdittmar]

1,600 jobs worldwide

[ArcadeQuarters]

Do we get our tax dollars back?

[mdittmar]

No,harry gave away billions.

[tomkat]

Give DJ's commitment to drive hard on clean coal, how many of those greenies ya reckon got really hammered when the election results rolled in ? !

LMAO at the superb karmic beatdown !

[tomkat]

 Give    Given

[Organic Panic]

“challenging market conditions”

translation: The gibs dried up.

[lurk]

Solar goes dark without Obamadollars.