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Stock impact report

CT-based FuelCell Energy to Create Over 100 New Highly Skilled Manufacturing Jobs

FuelCell Energy, Inc. (FCEL) 
Last fuelcell energy, inc. earnings: 3/16 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.fce.com/investors/default.aspx
Company Research Source: GlobeNewswire
Torrington, CT facility to expand annual production by 120%Growth to support Connecticut economy through new local revenue, direct and indirect jobs DANBURY, Conn., July 18, 2018 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq:FCEL), a global leader in delivering clean, innovative and affordable fuel cell solutions for the supply, recovery and storage of energy, today announced that it will add over 100 new highly skilled, advanced manufacturing jobs at its Torrington, CT manufacturing facility to support a 120% production rate increase, expanding annual production to 55 megawatts from the current 25 megawatts run-rate.  The jobs will be added over a period of approximately 12 months. This growth is a result of FuelCell Energy’s recent award of two fuel cell projects by the Department of Energy & Environmental Protection (DEEP) as well as other awards and backlog of U.S. based projects secured by the Company. “We are excited to commence our plan to expand production and welcome Show less Read more
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