Saturday, May 26, 2018
One of America's Great Newspapers ~ Toledo, Ohio


First Solar to delay closing of German plant

TEMPE, Ariz. -- First Solar Inc., the world's largest maker of thin-film solar panels, said Tuesday that it will delay the closing of a German plant until the end of this year to meet unexpected strong demand in Europe.

The company, which got its start in Toledo, said it is increasing production now at its factory in Frankfurt an der Oder, Germany, and will scale back in the fourth quarter. The company had planned to shutter the plant in October as part of a global restructuring.

First Solar shares rose $2.62 to close at $14.95 a share, their biggest gain since April, 2009.

Click to comment

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet.

Copyright © 2018 Toledo Blade

To Top

Fetching stories…