Wednesday, July 18, 2012

Report: Amonix Shuts Vegas Factory

Seal Beach-based photovoltaic power firm Amonix has shut its Las Vegas factory, according to a report from the Los Angeles Review-Journal, some further bad news for the heavily backed solar panel manufacturer. Amonix--which had raised $129.4M in funding from Kleiner, Perkins, Caufield & Byers--has been suffering since the unexpected death of its CEO, Brian Roberts, in a plane crash in December. The firm has had a series of layoffs since then. Amonix apparently had, at one point, as many as 700 employees at the Las Vegas plant.