It helps if your desired USA business partner is a partner - having $20,856 in the bank and nearly $2M in unpaid bills for panels doesn't help.
I feel sorry for Westinghouse Solar - they have a unique product (for which their might be a significant market) and went the logical route to get it built in China. Unfortunately the US protectionists then argued for and got a 30% tariff put on those same panels when they were imported into the US even though they were build with US intellectual property.
It is tough and possibly unfair.
http://www.pv-tech.org/news/westinghouse_solar_financial_position_precarious_merger_deal_cancelled
- Forums
- ASX - By Stock
- CBD
- westinghouse terminates merger with cbd
westinghouse terminates merger with cbd, page-4
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)