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Tesla and Panasonic siad they will begin to make solar cells in Buffalo NY. This is a "long term commitment" to Panasonic.
BUFFALO, N.Y. (AP) — Japanese electronics company Panasonic and U.S. electric car maker Tesla said Tuesday they plan to begin production of solar cells at a factory in Buffalo, New York.
The two companies said they finalized an agreement calling for Tokyo-based Panasonic to pay capital costs for the manufacturing. Palo Alto, California-based Tesla made a "long-term purchase commitment" to Panasonic.
Their statement gave no financial figures.
The factory in Buffalo is under development by SolarCity Corp., a San Mateo, California-based solar panel company owned by Tesla. The photovoltaic cells and modules will be used in solar panels for non-solar roof products and solar glass tile roofs that Tesla plans to begin making, the announcement said.
Production is due to begin in mid-2017. Tesla said it will create 1,400 jobs in Buffalo, 500 in manufacturing and plans further expansion in Buffalo.
Panasonic also is to work with Tesla on next-generation technology, the companies said.
New York state has committed $750 million to build and outfit the plant at Buffalo's RiverBend site, the centerpiece of Democratic Gov. Andrew Cuomo's "Buffalo Billion" program to revitalize the upstate region's largest city.
originally posted by: visitedbythem
This is great news! Manufacturing jobs pay well. I built my own stand alone solar/ battery/inverter system, and Im looking forward to adding more panels as the cost drops. My nephew works for Tesla. He is in the rocket division. He spends 12 hours a day in the upper stage of the rockets, doing the electronics. We are pretty proud of him, and like to watch the lift offs
originally posted by: seasonal
a reply to: lonegurkha
This company that is receiving 750 million to locate there, is also fat with billions in tax $, so are they benefitting from the corruption you are talking about? Or is this all good?
originally posted by: HarumphHarumph
Buffalo has cancer, but hopefully Roswell will pull through and our decades long blight will go into remission.