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Stock impact report

Maxeon deal gets top honors from Site Selection magazine [Yahoo! Finance]

Maxeon Solar Technologies, Ltd. - Ordinary Shares (MAXN) 
Company Research Source: Yahoo! Finance
Site Selection magazine recently named New Mexico's deal with Maxeon Solar Technologies as the 17th top deal of the year in North America and one of just a handful of similar deals focused on advanced energy production. The top deal was Tesla's commitment to bring 5,000 jobs to Monterrey, Nuevo Leon, Mexico. The Maxeon manufacturing plant is expected to be built on a 160-acre site at Mesa del Sol in a 1.9 million-square-foot complex. The facility is projected to produce 8 million solar panels per year. The facility will produce silicon cell technology for utility scale power and rooftop applications. The Maxeon deal was the second such deal to earn New Mexico national attention in recent years. The same publication in 2021 recognized the state's deal with Netflix. "The state has a strong track record of recruiting global companies that will have a significant economic impact and help New Mexico families attain higher-paying jobs and economic security," Acting Economic Developme Show less Read more
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