Posted on 11/17/2016 2:24:52 PM PST by 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.
(Excerpt) Read more at hosted.ap.org ...
These Obama era, new-age, ‘clean energy’ enterprises all do very well until they run out of taxpayer money.
Why? because taxpayer funded solar companies will no longer be funded by the American taxpayer via the criminal politicians
Plus that HUGE oil/gas find in the USA.
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