The five top executives at Enfield solar manufacturer STR Holdings, Inc. missed out on more than $1 million in bonuses because of the company's poor financial performance in 2012, according to a regulatory filing.
Struggling solar parts manufacturer STR Holdings of Enfield will lose some European and sustainability expertise when a member of its board of directors steps down following the annual meeting.
Troubled solar manufacturer STR Holdings, Inc. of Enfield plans to lay off 160 employees this year – representing a third of its employees – and face up to $20 million in restructuring costs, according to company filings.
Enfield's STR Holdings Inc. will close its new East Windsor manufacturing facility by the end of this quarter as the company will lose its top customer and needs to restructure.