Mass. Solar Company Being Lured To China
MARLBORO (CBS) - Evergreen Solar is transitioning its solar panel assembly operation from Massachusetts to China.
As first reported on WBZ News Radio earlier this year, Evergreen has won a round of new financing from the Chinese government to expand its operations in Wulhan, China.
In an interview with WBZ News Radio's Anthony Silva, Evergreen President and CEO Michael El-Hillow says the availability of financing was key to the decision to move much of its manufacturing to China to remain competitive.
The decision means the elimination of some jobs at Evergreen's manufacturing facility at Devens, Massachusetts, where the company employs more than 900 people.
Evergreen Solar received more than $40 million in state financing in 2007.
Podcast
WBZ News Radio's Anthony Silva speaks with Evergreen Solar CEO Micheal El-Hillow.
