GlobalWatt used to manufacture engine blocks for cars. But in a few weeks, the Silicon Valley company will begin producing about one million solar panels a year in a 74,000-square foot building in Saginaw.
Once up and running, the company will brighten the local economy with the addition of about 500 new jobs.
Excerpt:
"We very much wanted GlobalWatt to be part of the Corpus Christi corporate landscape," says J.J. Johnston, a Corpus Christi economic development official.
And for more than a year, Johnston courted the company. The city has a port and offered the solar panel maker nearly $3 million in tax incentives. But it was taking a long time to negotiate the deal. So on a trip to New York to work out final details, Sanjeev Chitre's lawyer suggested he meet Kathy Mussio.
Mussio's firm, Atlas Insight, advises companies on where to set up shop. A few years back, a colleague told her the Saginaw area was trying to set up a mini Solar Valley. They already had Hemlock Semiconductor, a chip maker.
Read the entire story
here.
Enjoy this story?
Sign up for free solutions-based reporting in your inbox each week.