Breaking News Bar
updated: 8/22/2013 6:59 AM

Central Indiana city yanks some solar panel maker support

Success - Article sent! close
Associated Press

COLUMBUS, Ind. -- A central Indiana city is shutting off some of its assistance to a solar panel manufacturer because the company hasn't hired enough workers.

An agreement between Columbus officials and Nusun Inc. called for the city to forgive nearly $7,000 in monthly mortgage payments on a facility owned by the city. But Nusun's current 17 employees falls short of the 80 it was supposed to have by the end of 2012.

The Republic reports City Council members voted Tuesday to find the company not in compliance, which requires Nusun to start making the payments.

Nusun CEO Ryan Stout asked for more time, saying the company has made substantial progress toward lining up new contracts.

The city also helped Nusun obtain some $800,000 in local and regional grants.

Article Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.