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  • Lintelle Engineering closing after 22 years due to Solyndra bankruptcy

    10/14/2011 7:43:04 PM PDT · by artichokegrower · 19 replies
    Santa Cruz Sentinel ^ | 10/14/2011 | JONDI GUMZ
    SCOTTS VALLEY - Dozens of people turned out Friday to say goodbye to Lintelle Engineering founder Bill Turner, who hosted a picnic for current and former staff in the company parking lot on El Pueblo Road. Lintelle, founded in 1989, was forced to close after its largest customer, Solyndra, filed for bankruptcy owing $1.9 million for equipment built by Lintelle employees. The bankruptcy filing came despite Solyndra receiving a $535 million federal loan guarantee. "It's hard to see this happen," asked Teri Stacher, 47, of Santa Cruz, who worked for Lintelle for 12 years. "We figured with the federal government...