Business

Mass. Solar Company Being Lured To China

View Comments
A worker lifts a solar panal at a solar factory in China. (Photo credit: PETER PARKS/AFP/Getty Images)

A worker lifts a solar panal at a solar factory in China. (Photo credit: PETER PARKS/AFP/Getty Images)

420x316-grad-silva Anthony Silva
Anthony Silva is co-host of the WBZ Afternoon News heard each wee...
Read More

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.

 WBZ News Radio’s Anthony Silva speaks with Evergreen Solar CEO Micheal El-Hillow.

View Comments
blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 2,162 other followers