Thin film solar firm to relocate to $300m factory in Wisconsin (620 jobs)

[jpak]

http://www.brighterenergy.org/21551/news/solar/thin-film-solar-firm-to-relocate-to-300m-factory-in-wisconsin/

Thin film solar technology developer W Solar Group is set to relocate its headquarters to the state of Wisconsin, where it will build a $300 million factory.
The California-based company is set to receive $28 million in state incentives to make the move, which should ultimately see the creation of 620 jobs as production gets up to full capacity by 2015.

W Solar has developed a copper-indium-gallium-sellenium (CIGS) solar panel technology, which it says it can produce in a low-cost production system to offer lower cost per watt solar panels.

Wisconsin Governor Jim Doyle awarded Enterprise Zone tax credits from the state’s Department of Commerce for the company to establish its manufacturing facility, along with its corporate headquarters and research and development facilities in Dane County.

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[rfranklin]

1. In other news, W Solar Group announces $28 million bonus for CEO...

How long will it take for Wisconsin to get back that $28 million by taxing the paychecks of those workers? Somehow, I don't think they have worked out the economics on this one. If they ever create those 620 jobs it works out to $45,161 per job. It will take many, many years to recoup that from the average paycheck taxes.

[midnight]

2. Gov. Doyle tried to turn this brain drain of a state around

before the Republicans returned to turn on the brain drain again.... Thank you Gov. Doyle....

[Viking12]

3. It won't be long until the our Governor fucks up this opportunity

Scott Walker is an anti-intellectual asshat.