to increase outlets and workforce
Solarsilicon Recycling Services LLC (SRS)
has acquired a 90,000 sq. ft. building in Ventura, California
in an expansion that will 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
SRS, which recycles unusable and off-spec
silicon and processes it into usable feedstock for the solar
industry, acquired the property for $6.3 million.
Since March the company has grown from 43
employees to 70 workers and SRS has been operating its 20,000
sq. ft. Camarillo facility on a 24 hour, 6 day-per-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 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.
Short term, SRS will hire an additional 20
to 30 new workers and will invest up to $5 million in new equipment
to enable cleaning silicon to semiconductor standards and open
up a new channel of distribution for its products.