JUNE 2011
                                        

Solarsilicon 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 industry.

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.