|Solar turmoil spreads||| Print ||
|Tuesday, February 07, 2012|
Solar industry problems are spreading to wafer and ingot manufacturers.
So far, Oregon's manufacturers appear intact, with relatively new factories that are automated and efficient enough to withstand plunging world prices for the solar ingredients. But one closure hits close to home: A spokesman for Sanyo, a Japanese company with a plant in Salem, confirmed Monday that it would shut a California factory that makes solar wafers using older technology.
Producers blame a worldwide glut of silicon ingots and the wafers they're sliced into to make the solar cells that go inside panels. As with cells and panels, much of the oversupply results from increased production in China, analysts say, as well as demand declines from reduced European subsidies for solar power.
The analysts say industry turmoil and continued low prices will at least indirectly affect Sanyo, SolarWorld and other companies with Oregon operations that the state has subsidized to attract. Across the United States, some factories could move to other states, such as Texas and Mississippi, that offer rich incentives, said Fatima Toor, a Lux Research analyst in Boston. She expects more closures, layoffs, mergers and potential bankruptcies.
Read more at OregonLive.com.
|Powerball jackpot hits new record|
|5.1-magnitude quake hits eastern Canada|
|How a Seattle school launched Bill Gates career|
|Windows Phone surpasses Blackberry|
|Kim Dotcom doesn't want 3D gun plans on Mega's servers|
|David Beckham retires from soccer|
|ODB, Eazy-E holograms to perform|
|Will this startup succeed?|
|The STEM shortage|
|Combined Transport keeps on trucking|
|Farm futures: private equity goes organic|
|Food cart owner Nong balances life, work and play|
|Celly launches its DIY network|
|What is driving the cost of health care? |
Oregon Business magazine's 5th annual
100 Best Green Companies to Work For in Oregon
Wednesday, May 29, 2013
From Oregon Translational Research and Development Institute: OTRADI today announced its plans to open and operate a 13,000 square-foot multi-tenant bioscience complex in the Willamette Wharf building at 4640 SW Macadam Avenue. Slated to be complete in spring 2013, the OTRADI Bioscience Incubator (OBI) will house up to six companies.
MEDIAmerica, publisher of Oregon Business and Oregon Home magazines, announces a new retail website: HalfOffOregon.com. The website offers lodging, dining, recreation and many other items at half off their regular cost.
As you probably know by now, The Vernon Company is a national leader in the promotional products industry with annual sales of over $60 million. We are a family owned business, led by the fourth generation of the Vernon family.