Thursday, January 14, 2010

Amonix Sees Job Increase From Federal Stimulus

Seal Beach-based Amonix, a manufacturer of solar panels, is reporting this morning that it expects to create 436 jobs from its receipt of a $9.5M stimulus funding awarded from the Federal Recovery Act. According to the firm, the jobs--to be created for manufacturing work at the firm's Nevada and Arizona locations--are due to the grant from the Advanced Energy Manufacturing Tax credit. The firm said $5.9M of that funding will go for manufacturing work in Nevada, and $3.6M for work in Arizona. Amonix is a developer of concentrated photovoltaic solar power systems.

---