Schott Solar to close Albuquerque plant; 250 lose jobs

NewsNM Swickard: What about the 130 million dollars the State of New Mexico gave to get them to come to New Mexico? Are we, the New Mexico taxpayers, out the money? From KOAT-TV.com - ALBUQUERQUE, N.M. - Schott Solar will close down its Albuquerque plant by the end of the summer, Action 7 News has learned.  Employees told Action 7 News that the company will cease manufacturing operations as of Friday, shedding more than 200 jobs. The company will keep a small staff through the end of the summer until they close down the entire plant. Schott is offering a severance package of two months of pay and benefits, but a lot of folks leaving told Action 7 News that is far different than having a place to show up every day. When the company announced plans for a plant back in 2008, it was thought that the facility would employ 1,000 New Mexicans.  The company plans to continue operations in the U.S., but not in New Mexico. Read more

Schott Solar to close Albuquerque plant; 250 lose jobs