Sun is shining on Mass. manufacturing facility
New solar panel plant just opened -- and it's already at capacity
Las Vegas isn’t the only place where manufacturing to take advantage of the increase in solar energy is heating up the economy. The Boston Globe’s Green Blog reports that Evergreen Solar has just opened a new manufacturing facility in suburban Devens, MA and has already landed a five-year, $1.2 billion solar panel contract with a German company. That means the manufacturer is now at its manufacturing capacity even before the they were done cleaning up from last week's ribbon-cutting ceremony.
"We've almost sold out for the next five years," chairman, president, and chief executive Richard M. Feldt told the newspaper this week. "That means business is good. It's pretty nice. We haven't made one panel yet and we've sold out."
"We love the jobs. We love the jobs, and we love that the jobs include manufacturing jobs," said Massachusetts Gov. Deval Patrick. "I look to this facility as a symbol of the kind of industry we want to build, as a symbol of the future."
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey