BERLIN (Reuters) – Swiss solar panel maker Meyer Burger said on Monday its solar cell production site in Germany’s Thalheim will continue to form the backbone of its supply, after suspending plans for a plant in Colorado, contrary to previous plans.
“In connection with the strategic changes, the Board of Directors has instructed the Management to draw up a comprehensive restructuring and cost-cutting program,” the company said in a statement.
(Writing by Miranda Murray; Editing by Tom Hogue)
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