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Sanyo Solar latest to cut operations

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Monday, April 29, 2013

Sanyo Solar of Oregon is laying off 52 of its 200 Salem workers in June, coming on the heels of bad news from SolarWorld AG and SoloPower.

Again, the solar industry is clearly reeling. But four years ago, real estate wasn't exactly an attractive industry. Banks took their hits in 2011. Oh yeah, something called "the dot-com bubble" burst and wiped out the tech industry in the early 2000s.

In other words, [Solar Oregon president Ron] McDowell believes what we're witnessing with solar is, simply, cyclical.

Read more at Sustainable Business Oregon.

{biztweet}sanyo solar{/biztweet}

 

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