SolarWorld debt restructure not expected to affect Hillsboro

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Wednesday, May 01, 2013

SolarWorld AG officials think the debt restructuring proposal won't have a direct effect on the company's Hillsboro operations.

Instead, Ben Santarris, a company spokesman, said the strategy “points the way to our continued financial stability” despite competitive pressures from China.

Santarris’ China comments refer to “world industry competition that China’s central economic planning for its export markets has threatened to crush. We have upped our considerable investment in Hillsboro to re-assert our technology leadership. We have won trade remedies against China’s state-supported export aggression in the U.S. market."

Read more at Sustainable Business Oregon.

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