GREENVILLE, Mich. (WOOD) - An Energy Conversion Devices, Inc. official told 24 Hour News 8that demand for its UNI-SOLAR brand products has temporarilyslowed. So the company is temporarily slowing production for twoweeks at its Greenville plant.
UNI-SOLARmakes solar panels for power generation. Eighty percent of thesolar panels built in Greenville are sent overseas.
Mark Trinske, vice president of investor relations and corporatecommunications of ECD, said the hiatus will begin March 22.
Construction of UNI-SOLAR's Battle Creek facility is stillunderway. The company says once the plant is built they will nothire for that facility or order equipment until there is moredemand.
There is no factor in tax breaks in Calhoun County becauseincentive packages are paid out over time, not all at once.
Trinske said demand for solar panels is down worldwide becauseof a lack of capital. He said it is becoming increasingly difficultfor companies to obtain cash to buy the solar products
An example of how UNI-SOLAR's business is being affected is arecent project in Portland, Oregon. The business they were workingwith was expected to be up and running by September 2008 but it wasdelayed by 90 days because the company was having trouble gettingaccess to cash.
Trinske said there is great potential down the line because ofthe federal stimulus. He said the company expects business topickup later in the year once cash becomes more easilyavailable.
"We're in the right place. We're a quality industry," he said."The state of Michigan has been great to work with."
Trinske says "over the past year we have added about 800 jobs,and employ about 2,400 people."
In front of a festive downtown crowd at Rosa Parks Circle.
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The bill was drafted after Jessica Heeringa was abducted from her job in April.