When French solar manufacturing company Soitec rolled into town a few years back, it was met with plenty of fanfare – not to mention a hefty federal grant and state tax incentives.

But the company’s shown signs of floundering lately, and earlier this week, announced it would cut 100 of the 250 jobs at its Rancho Bernardo plant.

How did it start to lose its way in San Diego? Lisa Halverstadt and NBC 7’s Catherine Garcia explain, and preview what other avenues Soitec’s exploring to keep afloat in America’s Finest County.

    This article relates to: Business, News, Radio, TV and Video, San Diego Explained, Share

    Written by Catherine Green

    Catherine Green is deputy editor at Voice of San Diego. She handles daily operations while helping to plan new long-term projects. You can contact her directly at catherine.green@voiceofsandiego.org or 619.550.5668. Follow her on Twitter: @c_s_green.

    0 comments