Green Technology Company, Given Millions By Democrats, Files for Bankruptcy
A company (Evergreen Solar Inc.,) that received a $58 million financial aid package from Democrats to build a Bay State factory, has now filed for bankruptcy.
The Democrats have proved that they have no clue how to help businesses, create jobs, or to balance a budget, and now we are learning about the Democrat’s horrible track record in the companies that they gave our money to.
I just wonder how much money Evergreen Solar Inc. donated to the Democrats before receiving the $58 million gift???
My guess is that they donated a lot..
…Evergreen Solar Inc., the Marlboro clean-energy company that received millions in state subsidies to build an ill-fated Bay State factory, has filed for bankruptcy.
Evergreen, which closed its taxpayer-supported Devens factory in March and cut 800 jobs, has been trying to rework its debt for months. The company announced today it is seeking a reorganization in U.S. Bankruptcy Court in Delaware and also reached a deal with certain note holders to restructure its debt and sell off certain assets.
The company also said it will lay off
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