Contact Us

Stimulus “Pet Project” Business Files for Bankruptcy

Evergreen Solar
(evergreen solar-boston herald)

One of a handful of “pet projects” the Obama Administration singled out during the Stimulus has having so much promise, has filed for banktuptcy-after taking Federal Dollars and promising jobs.

Evergreen Solar, which has already closed one plant and laid off over 800 workers, has filed for Chapter 11 Banktuptcy, and plans an asset sale.  The company, which  developed and manufactured “clean energy” technology, had been tried for months to rework it’s debt.  Evergreen was one of a number of companies specifically mentioned in an April 2009 White House release as being at the forefront of part of the Obama-Biden Economic Plan that was to help create jobs and strengthen the economy.  They were one of several listed in the state by state breakdown of how stimulus money was going to be allotted.  The Devins  Massachusetts plant mentioned in the White House notes was the facility they closed, depleting nearly 800 jobs.

More from Newstalk 870

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://newstalk870.am using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on Newstalk 870 KFLD: The Mid Columbia's Newstalk Leader quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here

Register on Newstalk 870 KFLD: The Mid Columbia's Newstalk Leader quickly by logging in with your Facebook account. It's just as secure, and no password to remember!