STR Holdings, Inc.

One week after its stock was suspended from the New York Stock Exchange, Enfield solar components manufacturer STR Holdings Inc. has shifted its stock to the highest tier of the OTC Markets Group.

Enfield manufacturer STR Holdings said its general counsel and senior vice president Alan N. Forman has notified the company he will resign next month to pursue another opportunity.

Enfield's STR Holdings said it has sold $21.7 million worth of newly issued shares to a new Chinese corporate partner and appointed four new board members.

Solar panel encapsulant maker STR Holdings said it cut its third-quarter loss by more than one-third, thanks to a big increase in sales and reduced expenses.

Australian steel building-products maker SBS International has chosen East Windsor for its first North American production plant that will employ about 150 when it launches next spring, brokers say.

Enfield's STR Holdings Inc. said board member Bryant R. Riley has resigned to devote more time to his own company.

Enfield solar parts manufacturer STR Holdings announced on Tuesday its intention to sell the controlling interest in its company to a Chinese developer for $21.7 million by the end of the year.

Enfield solar parts supplier STR Holdings wants to hang onto two of its key executives a while longer, it disclosed.

Enfield solar-encapsulant provider STR Holdings Inc. said its first-quarter loss increased on a 17 percent decline in revenue and a $433,000 loss on the disposal of property and equipment.

The chairman and former CEO of Enfield solar parts manufacturer STR Holdings sold 41 percent of his shares in the company, according to a regulatory filing.