Suniva announces layoffs after earlier ‘temporary shutdown’ of U.S. module plants

By Kelly Pickerel Citing continued downward market pricing pressures, Suniva announced a significant reduction in force, at both its Norcross, Georgia, and Saginaw, Michigan, facilities–affecting employees in all areas of company operations.
Significance of the layoffs was not immediately known, although the Atlanta Business Chronicle noted in a story behind a pay-wall on March 9, 2017, that the Georgia facility was in a temporary plant shutdown.

The reductions come as U.S. solar manufacturers face attack from the continued growth of global manufacturing overcapacity, particularly in Asia, and the ongoing influx of foreign imports, which continue to drive down domestic prices. Since 2013, when the U.S.

Read Full Article Here

For more great articles: Solar Power World

(Visited 3 times, 1 visits today)

Comments

comments



© 2014 RenewaNews