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Bush-Backed Amonix Closes Manufacturing Plant

Clean Technica

Unfortunately, another solar company, Amonix, has some bad news to share. Not all companies will make it… in any industry. But especially not in a very fast-growing, maturing industry.

In this story today, Amonix is closing a manufacturing plant and working to restructure in this highly competitive market, perhaps the fastest-growing market in the world today.

The maturing of an industry means many unfortunate stories for the companies that can’t keep up. This is yet another one. And it won’t be the last.

Amonix was backed by Bush and many others from both sides of the aisle along the way (but I have a feeling those trolls who love to drop by CleanTechnica chanting about “crony capitalism” will just be looking to put it on Obama — some things change, some things stay the same…). But the lesson isn’t that we shouldn’t back solar companies, of course.

Read the full story from Clean Technica

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