Home Must Reads SoloPower to suspend entire Portland operations in June

SoloPower to suspend entire Portland operations in June

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Must Reads
Tuesday, April 23, 2013

SoloPower will suspend its Portland operations in June. It is still unclear whether production will ever start back up, or if Oregon will get back millions of dollars in incentives paid to the company.

"It's really so unfortunate," said Paula Mints, founder of SPV Market Research in San Jose, Calif. "I do feel bad for the SoloPower people and for the loss of jobs in Oregon."

The California company's Portland operation was already on the decline. SoloPower executives and public officials had projected the first manufacturing line would start up in early 2012, with enough work to keep 140 employees busy. Once the planned $340 million factory was complete, its workforce was to grow to 450. In September, it employed about 60. By February, a former employee figured, some 20 to 25 remained.

Read more at OregonLive.com.

{biztweet}solopower{/biztweet}

 

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