MAY 2011
                                        

Solarsilicon Recycling Services to increase workforce and outlets

Solarsilicon Recycling Services LLC (SRS) has acquired a 90,000 square foot industrial building in Ventura, California in an expansion that will keep the company in Ventura County, open new outlets for its products and services, increase its workforce and establish an incubator for a new manufacturing process that promises to revolutionize the industry.

SRS, which recycles unusable and off-spec silicon and processes it into usable feedstock for the solar industry, acquired the property at 2433 Eastman Avenue for $6.3 million.

Since March the company has grown from 43 employees to 70 workers and SRS has been operating its 20,000 square foot Camarillo facility on a 24 hour, 6 day-a-week schedule to meet the demand for its products since September.

SRS also needed a larger facility to continue work it has begun on the development of a second, innovative process for cleaning silicon that will be unique to the industry and is expected to revolutionize the silicon manufacturing process. The Ventura facility will be an incubator for this new process, and, once operational, it will become a flagship for the company’s expansion throughout the Pacific Northwest, Midwest and even Europe, allowing SRS to invite national and international customers to view its manufacturing, green energy and environmentally responsible disposal processes first-hand and positioning the company as a world leader in its industry.

Short term, SRS will hire an additional 20-30 new workers with the move, and it is investing approximately $3 million to $5 million in new equipment that will enable the company to clean silicon to semiconductor standards and open up a new channel of distribution for its products.