SolarWorld says Bosch acquisition will help Hillsboro

| Print |  Email
Must Reads
Wednesday, November 27, 2013

SolarWorld's Bosch Solar Energy acquisition makes the company's Hillsboro jobs more secure by cutting purchasing costs, a spokesman says.

Ben Santarris, SolarWorld Industries America Inc. spokesman in Hillsboro, said the deal announced Tuesday will boost economies of scale, reducing supply prices globally.

“It puts our total capacity at levels that are comparable to our competitors and therefore we have similar economies of scale,” Santarris said. “It bolsters our position as the principal non-Chinese producer in the world.”

Bonn-based SolarWorld’s Hillsboro factory employs almost 700 who make advanced high-wattage solar cells and modules. The German parent company flirted with insolvency last summer, but bondholders agreed to take a hit as part of a restructuring and debt-for-equity swap.

Read more at OregonLive.com.

 

More Articles

Can small be large?

Linda Baker
Wednesday, April 01, 2015
040115-lindablogthumbBY LINDA BAKER

Leaders in Oregon's ag sector gathered this morning in Portland’s Coopers Hall winery/taproom to discuss the role of the region as an export gateway, impediments to exporting products and solutions to containerized shipping challenges.


Read more...

4 highlights of the MLS labor deal

The Latest
Wednesday, March 04, 2015
timbersthumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

On Wednesday night, a couple days ahead of the 2015 season kickoff, Major League Soccer and the Players Union reached an agreement.


Read more...

Banking Perspective

April 2015
Thursday, March 26, 2015
BY KIM MOORE

A conversation with Craig Wanichek, president and CEO of Summit Bank.


Read more...

Celestial Eats

May 2015
Monday, April 27, 2015
BY JACOB PALMER AND EILEEN GARVIN

A power lunch at Solstice Wood Fire Cafe & Bar.


Read more...

Courtside

April 2015
Thursday, March 26, 2015
BY JACOB PALMER

Power lunching at the Court Street Dairy Lunch in Salem.


Read more...

Beam Me Up

April 2015
Thursday, March 19, 2015
BY DAN COOK | Photos by Jason E. Kaplan

An alliance of developers, academics and timber industry executives wants to position Oregon as a front runner in the glamorous new world of wooden skyscrapers.


Read more...

Downtime with the executive director of Greater Portland Inc.

April 2015
Thursday, March 26, 2015

Janet LaBar, Executive director, Greater Portland Inc.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS