re: #306 engineer dog

i’ll let you know if the annual california state budget crisis ever changes the weather, scenery, or our several world leading industries

How’s that working…

Solar company Solyndra to close factory, cut jobs

November 3, 2010 | 6:28 pm
It isn’t easy being green for Solyndra Inc., the controversial Bay Area solar power system manufacturing company.

The company said Wednesday that it is shuttering one of its factories to save $60 million in capital expenditures, laying off 40 employees and letting the contracts for more than 100 temporary workers expire.

All this despite a $535-million federal loan guarantee, more than $1 billion in private equity funds and supportive visits from luminaries such as Gov. Arnold Schwarzenegger, Energy Secretary Steven Chu and President Barack Obama.

latimesblogs.latimes.com