Sunday, 29 March 2015
Last updated 2 days ago
Nov 18 2009 | 8:38am ET
China’s Suntech Power Holdings will locate its first U.S. photovoltaic (PV) module manufacturing plant in Phoenix, Arizona. The plant will have an initial production capacity of 30MW and is expected to begin production in the third quarter of 2010.
The Suntech U.S. plant will be between 80,000 and 100,000 square feet and employ over 75 full-time workers at launch. It may double its staff within the year as the North American market develops.
“Bringing manufacturing jobs to the U.S. is part of Suntech’s vision to grow the solar market in every corner of the world,” said Suntech Chairman and CEO Zhengrong Shi. “We are eagerly watching growing markets and see the potential of bringing manufacturing capabilities to other markets where we see the combination of rapid local market growth and manufacturing cost competitiveness.”
Suntech currently employs 60 people in the United States, where it has a network of over 200 solar dealers and integrators for its products. The Chinese company also has partnerships with U.S. firms like MEMC of Texas, its largest supplier of silicon wafers.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…