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Solexant to build thin-film solar plant in Gresham, Oregon – will employ 100 initially

July 20, 2010 /

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Bear Paw Development Corporation is a private non-profit organization created for the purpose of administering programs to help improve regional economic conditions in Hill, Blaine, Liberty, Chouteau and Phillips Counties and the Fort Belknap and Rocky Boy's Indian Reservations.

Solexant Corp. http://www.solexant.com/ is set to announce Tuesday that it has chosen to build a new manufacturing plant for thin-film solar cells in Gresham that will initially employ about 100 workers.

While the official announcement is set for Tuesday afternoon, the agenda for Gresham City Council’s meeting provides background on the project. The council is set to vote on a loan guarantee that would have Gresham backstopping $13 million out of a $25 million loan that Solexant intends to take from the Oregon Department of Energy.

Ted Sickinger, The Oregonian

Full Story: http://www.oregonlive.com/business/index.ssf/2010/07/solar_company_will_build_plant.html