financetom
Business
financetom
/
Business
/
Qcells furloughs 1,000 workers at US solar factories due to stalled shipments
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Qcells furloughs 1,000 workers at US solar factories due to stalled shipments
Nov 7, 2025 5:37 PM

Nov 7 (Reuters) - Qcells, the U.S. solar manufacturing

arm of Korea's Hanwha, said it would furlough 1,000

workers at its Georgia factories because shipments of components

it needs from overseas are being routinely stalled by U.S.

customs officials.

The announcement comes months after the company said some of

its shipments of solar cells had been detained at U.S. ports

under a 2021 law banning imports from China's Xinjiang region

due to concerns about forced labor.

Qcells has committed to investing $2.5 billion to build a

complete U.S. solar panel supply chain to compete with China.

The company manufactures cells in Malaysia and South Korea that

are imported to be assembled into panels. It is also ramping up

its U.S. cell manufacturing in Cartersville, Georgia.

"Qcells expects to resume full production in the coming

weeks and months. Our commitment to building the entire solar

supply chain in the United States remains," Qcells spokesperson

Marta Stoepker said in a statement. "We will soon be back on

track with the full force of our Georgia team delivering

American-made energy to communities around the country."

The company's detained shipments have been clearing customs,

Stoepker said, but the delays have forced the company to curtail

production.

Qcells has implemented temporary reduced hours and furloughs

for about half of its manufacturing employees at plants in

Cartersville and Dalton, Georgia. It has also cut about 300

staffing agency workers.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
EV firm Polestar expects positive fourth-quarter gross margin despite slow demand
EV firm Polestar expects positive fourth-quarter gross margin despite slow demand
Oct 11, 2024
(Reuters) -Polestar said on Friday that it expected to achieve a positive gross profit margin in the fourth quarter despite its electric vehicle deliveries falling 14% in the third quarter. Shares of the Swedish company fell 3.8% in premarket trading. Polestar, which is majority owned by China's Geely, has been grappling with weakening demand for its vehicles owing to factors...
EV firm Polestar expects positive fourth-quarter gross margin despite slow demand
EV firm Polestar expects positive fourth-quarter gross margin despite slow demand
Oct 11, 2024
Oct 11 (Reuters) - Polestar said on Friday that it expected to achieve a positive gross profit margin in the fourth quarter despite its electric vehicle deliveries falling 14% in the third quarter. Polestar, which is majority owned by China's Geely , has been grappling with weakening demand for its vehicles owing to factors such as high interest rates, prompting...
Top Premarket Gainers
Top Premarket Gainers
Oct 11, 2024
07:34 AM EDT, 10/11/2024 (MT Newswires) -- Turbo Energy ( TURB ) shares were up nearly 14% pre-bell Friday, extending Thursday's rally. Aehr Test Systems ( AEHR ) stock was 13% higher after the company overnight reported fiscal Q1 financial results that topped Capital IQ analysts' estimates. Agba Group ( AGBA ) shares were up 12% after the company said...
Market Chatter: Novo Nordisk Partners With AI Start-ups, Plans to Boost Headcount in India
Market Chatter: Novo Nordisk Partners With AI Start-ups, Plans to Boost Headcount in India
Oct 11, 2024
07:30 AM EDT, 10/11/2024 (MT Newswires) -- Novo Nordisk ( NVO ) is planning to boost its operations in India by hiring more officials in the country while forging partnerships with local artificial intelligence start-ups, Reuters reported Friday, citing a company executive. John Dawber, Novo Nordisk's ( NVO ) managing director for global business services, told Reuters that the company...
Copyright 2023-2026 - www.financetom.com All Rights Reserved