Power-One, Inc. (NASDAQ:PWER) ? a large manufacturer of power inverters for the renewable energy industry and provider of software to manage power harvesting and distribution ? opened its first North American manufacturing facility in Phoenix today, where they plan to employ 350 people full-time. According to a company press statement, the facility will primarily produce photovoltaic and wind inverters that convert renewable energy into a usable form of electricity for distribution on the utility grid. The chief executive of Power-One, Richard J. Thompson, explained ahead of the facility's opening ceremony on Monday...
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