Chapter 11 IS in business{0}
More energy saving methods are soon to hit the US from China. Novermber 16th in beijing, the company anounced its first american manufacturing plant. The facility is to located in phoenix area and will begin production by next October. Suntech will now become the first major Chinese cleantech player to bring factory jobs to the U.S. This agreement between the Chinese and the Americans is extremely important and could lead to greater things in the future. At first the US was skeptical about having the chinese bring in thier sola panels in, worried about foreing domination witht the US cleantech space. Suntechs first US facility will be modest, it will have capapcity of 3o megawatts of solar panels per year, enough to outfit around 7,500 homes. There will still be the flexability to boost output to 200 mrgawatts in time. US sales peaked at 494 megawatts in 2008, the us solar panels are expected to climb to more than 1000 in 2010.
The staff of 75 will assemble the solar parts imported from china in the facility located in Pheonix Arizona. This will help decrease the cost from shipping the finished products from china to the US. Chin is hoping to boost up sales of solar panels here in the US, and the US are excited to have the chinese here in the US supplying us with jobs and more solar panels. It seems to be a win win situation of outsourcing.
I chose this article because it correlates with chapter 11′s section on outsourcing. In this case it is helping out economy with jobs, and it will also help our enviroment out in the long run.
Aston A (2009) China Solar panel market sets first U.S. Plant
retreived Novermber 16, 2009 from the business week website:
http://www.businessweek.com/technology/content/nov2009/tc20091115_970512.htm