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Evergreen Solar moves to China.

JohnNY
JohnNY Member Posts: 3,287
in THE MAIN WALL
<a href="http://www.nytimes.com/2011/01/15/business/energy-environment/15solar.html?src=ISMR_HP_LO_MST_FB">http://www.nytimes.com/2011/01/15/business/energy-environment/15solar.html?src=ISMR_HP_LO_MST_FB</a>
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Comments

  • Brad White
    Brad White Member Posts: 2,399
    Our Governor

    dumped $58 million into their recent expansion, including infrastructure improvements, construction financing, tax breaks, etc. on the promise that Evergreen would stay for I believe six years. That was two years ago.  The notion of a recapture or "clawback" is looking pretty thin right now. The contract seems very sloppy. 



    The handwriting was on the wall about a year ago when Evergreen moved the tooling from their old factory to China and assured everyone that the move was a one-time thing, part of a long-term strategy.



    The citizens of MA are pretty livid about this, not the least are the 800 folks who lost their jobs.
    "If you do not know the answer, say, "I do not know the answer", and you will be correct!"



    -Ernie White, my Dad
  • Jack
    Jack Member Posts: 1,048
    However...

    They are making much of the fact they intend to keep the companies R&D in Marlborough, MA. It just makes you feel lucky, eh!



    Now what they need to do to open up the area is make Devens into the new AIRPORT. Bullet trains to Boston , NH, RI, Hartford, etc. They put a billion or so into Logan and it cannot take one more air operation. Boston Brahmins will never let it happen.
This discussion has been closed.

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