A Chinese solar component manufacturer plans to build its first U.S. plant in Gresham.
Oregon Crystal Technologies is looking at two sites in the Rockwood-West Gresham Urban Renewal District, said Janet Young, Gresham’s director of development services.
The firm has applied for a $100,000 grant, which the City Council — sitting as the urban renewal commission — will consider tonight.
The grant application lists two 10,000-square-foot properties in the urban renewal district: the Rockwood Corporate Center and the Sandy Boulevard Business Park.
The city has been wooing the solar industry, and Mayor Shane Bemis held discussions with company officials during a recent trip to a trade show in Germany.
“It’s good news,” Young said. “Any new company is good news. But when it is a targeted industry, it’s particularly good news.”
The company expects to invest $2 million to $4 million, beginning with 10 jobs and growing to 20 jobs, she said.
The firm, known as China Crystal Technologies in Beijing, aims to become one of the world’s leading companies in gallium arsenide, an alternative technology to silicon in solar panels, according to the company’s Web site.
James Mayer, The Oregonian – http://www.oregonlive.com/business/index.ssf/2009/10/chinese_solar_company_to_build.html