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Evergreen Solar to Layoff 800 in MA

From the Boston Globe:

Evergreen Solar Inc., which received $58 million in state aid to open a factory in 2008 at the former military base in Devens, announced today it would shut the plant and let go 800 workers by the end of this quarter.

But Evergreen has been struggling in face of weak prices and competition from cheaper operations in China, where the government has offered solar companies generous subsidies to locate there.

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