FuelCell Energy Commences Expansion of North American Manufacturing Facility
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FuelCell Energy (FCEL) Commences North American Manufacturing Expansion; Closes on $30M Asset Agreement
November 19, 2015 10:31 AM ESTFuelCell Energy (NASDAQ: FCEL) announced the commencement of the previously disclosed North American manufacturing facility expansion, and closing on an Assistance Agreement with the Connecticut Department of Economic and Community Development. A groundbreaking ceremony was held earlier today to highlight the expansion project, which will increase the size of the facility by approximately 102,000 square feet to approximately 167,000 square feet in total. The project will enhance and streamline logistics functions and manufacturing processes and prepare for subsequent manufacturing capacity expansion.
"We are proud that FuelCell Energy is continuing to grow its presence in... More
