Green Fail: Massachusetts Solar Company Abandons Plant, Moves Operations to China, Taxpayers on the Hook for $50M

Thursday, March 15, 2012 - 16:43
Your Tax Dollars At Play
Jammie Wearing Fools

The company, which received tens of millions in state aid before shuttering its facilities last year and moving its manufacturing operations to China, filed the notice in federal bankruptcy court in Delaware on Monday. ... Evergreen received more than $20 million in grants and $11 million in tax and lease initiatives from Massachusetts. ...

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