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SolarWorld lays off up to 37 in Hillsboro,
saying tariffs have yet to provide relief

The Oregonian, by Richard Read

Original Article

Posted By:annapolis2010dad, 11/15/2012 4:26:34 AM

SolarWorld will lay off as many as 37 workers from its Hillsboro plant, company officials confirmed Wednesday. The factory, which makes solar cells and panels, is suffering from a market downturn that SolarWorld blames primarily on unfair competition from China. A coalition led by the company persuaded the U.S. government to levy tariffs on Chinese imports, but loopholes remain, prices are depressed and the duties have yet to help much, a company spokesman said.

Comments:
I´ve lost count on how many companies that The One has promoted, grifted, touted or propped up, have run into trouble or failed.
If I were a business owner and O came near me with a proposal to tout "green energy", I would run.

      


Post Reply  

Reply 1 - Posted by: pineledger, 11/15/2012 4:28:51 AM     (No. 9015335)

Blame Obama.

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Reply 2 - Posted by: Spidey, 11/15/2012 4:45:11 AM     (No. 9015341)

China´s always going to product dump and it´s hurt a hell of a lot more industries that stupid solar panels.They´ve destroyed furniture and textiles in this country.Where´s the liberals whiners on that? Where´s Craftman´s tools being made now? How about car parts that used to be made by Delphi?

When you know ahead that China has already cornered the market on solar panels,by whatever means, it tells you to invest in something else.

The problem here is Obama and the left diverting attention away from their green energy scams by blaming China. It was already well known China was doing this,that´s why the Bush people turned down the Solyndra loan and why Obama arm twisted to get it through,not once but twice on a second loan that taxpayers have now eaten.

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Reply 3 - Posted by: proactus, 11/15/2012 7:07:24 AM     (No. 9015466)

Whatever happened to the old business rule where producers make a proiduct and the market sets the price? If you can produce for that price and generate profit you succeed. If not you fail. But you do it without expectations of subsidy or tarriff.

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Reply 4 - Posted by: Maybeth, 11/15/2012 7:12:13 AM     (No. 9015473)

´Suffering from a market turndown.´
... Yes, of course. With that explanation, the evil rich white guys are to blame. They must be puinished.



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