Spokane Valley hydrogen fuel company explains layoffs [Yahoo! Finance]
Plug Power, Inc. (PLUG)
Last plug power, inc. earnings: 3/5 07:00 am
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Source: Yahoo! Finance
But the New York-based company's Inland Northwest presence will remain. The U.S. Department of Labor Employment and Training Administration requires companies with more than 100 workers to announce layoffs and closures 60 days in advance. On April 11, the department announced that a Plug Power closure would affect 107 workers, beginning June 30. But Scott Spink, vice president of engineering, said the announcement does not tell the full story. "Our manufacturing facilities in Spokane and the material that is being manufactured is being moved to New York state," Spink said. Two large factories have recently been built in Rochester and Albany, he said. "They were both purposefully built," he said. "They have space to move these manufacturing lines and we're transitioning the lines there." Spink said the final product is a hydrogen fuel cell, which uses the chemical energy of hydrogen to cleanly and efficiently produce electricity. Those cells will now be assembled in New Y
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PLUG
News
- Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of May 21, 2024 in Plug Power Inc. Lawsuit – PLUGAccesswire
- ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Plug Power Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – PLUGGlobeNewswire
- Hagens Berman Files New Securities Class Action Against Plug Power (Plug) And Its Senior Executives: New Complaint Extends Alleged Fraudulent Period From Mar. 1, 2023 – Jan. 16, 2024, Inclusive; Lead Plaintiff Filing Deadline Remains May 21, 2024GlobeNewswire
- Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of May 21, 2024 in Plug Power Inc. Lawsuit - PLUGAccesswire
- SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Plug Power Inc. of Class Action Lawsuit and Upcoming Deadlines - PLUGPR Newswire
PLUG
Earnings
- 11/9/23 - Miss
PLUG
Sec Filings
- 4/30/24 - Form 4
- 4/30/24 - Form 4
- 4/30/24 - Form 4
- PLUG's page on the SEC website