Flexible Electronics News

First Solar Restructures Operations to Align With Sustainable Market Opportunities

Frankfurt manufacturing facility to be closed; four production lines in Malaysia to be indefinitely idled

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By: DAVID SAVASTANO

Editor, Ink World Magazine

First Solar, Inc. announced it is restructuring its operations in response to deteriorating market conditions in Europe and to reduce costs and align its organization with sustainable market opportunities. As part of this program, First Solar will close its manufacturing operations in Frankfurt (Oder), Germany, in the fourth quarter of 2012. Additionally, the company will indefinitely idle four production lines at its manufacturing center in Kulim, Malaysia, on May 1, 2012. These actions, co...

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