The closure will result in $363 million in one-time impairment and restructuring charges that will be reflected in SunEdison’s fourth-quarter results, and about $10 million to $13 million in restructuring charges expected to be reported in fiscal 2016.
SunEdison said it also will halt high-volume production of silicon crystal ingot at its Portland, Oregon, facility. Instead that plant will be refocused into an R&D, technology demonstration and training center for future licensees of its continuous Czochralski (CCz) silicon crystal ingot manufacturing technology.
About 40 jobs will be affected by the changes in Portland, which also will result in $39 million in one-time impairment and restructuring charges to be taken in the company’s fou…
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