Home Must Reads ClearEdge Power acquires UTC Power

ClearEdge Power acquires UTC Power

| Print |  Email
Must Reads
Wednesday, February 13, 2013

Hillsboro fuel cell manufacture ClearEdge Power finalized its acquisition of Connecticut-based UTC Power.

Founded in 2003, ClearEdge makes stationary fuel cells which power commercial and residential buildings. UTC's fuel cells are geared more toward big buildings like hospitals and supermarkets, as well as for fleet buses.

Before the acquisition, UTC had about 375 workers. Sager could not give a precise number for ClearEdge, although in 2011, they had 225. ClearEdge plans to keep UTC's Connecticut office. Executives are still ironing out plans for restructuring the combined companies, including whether or not workers will be laid off.

Read more at OregonLive.com.

{biztweet}clearedge{/biztweet}

 

More Articles

Downtime

September 2014
Wednesday, August 27, 2014
BY JESSICA RIDGWAY

How State Representative Julie Parrish (House District 37) balances life between work and play.


Read more...

A Taste of Heaven

September 2014
Tuesday, August 26, 2014
BY VIVIAN MCINERNY

Craft beer comes to Mount Angel.


Read more...

Poll Wrap-Up

News
Friday, August 15, 2014

2014 NewPoll-report-newsletterthumbIn this week's poll, we asked readers: "Who should pay for the troubled Cover Oregon website?" Here are the results.


Read more...

Tight and Loose

September 2014
Wednesday, August 27, 2014
BY JENNIFER MARGULIS

As schools implement more rigorous academic standards, holistic and flexible approaches to K-12 education flourish.


Read more...

Community colleges and sustainability

Contributed Blogs
Thursday, July 31, 2014
sustainabilityBY MARY SPILDE | OB GUEST CONTRIBUTOR

Faced with the aftermath of the “great recession,” increasing concern about the environment and dwindling family wage jobs, we have some very important choices to make about our future.


Read more...

Risks & rewards of owning triple net investments

Contributed Blogs
Thursday, July 24, 2014
NNNinvestmentBY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR

With the increasing retirements of Baby Boomers, a massive real estate shift has created a significant increase in demand for NNN properties. The result? Increased demand has triggered higher prices and lower yields.


Read more...

Launch

September 2014
Tuesday, August 26, 2014
BY JESSICA RIDGWAY

September's Launch article features Orchid Health, BuddyUp and Inter-Europe Consulting.


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