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Carmanah Announces Restructuring, and Manufacturing Outsourcing
Source/Type: Compound Semiconductors Online - Reported News

Author: LIGHTimes Staff

June 26, 2008... Carmanah Technologies, a maker of solar powered LED modules headquartered in Victoria, British Columbia Canada, has announced a restructuring of the company. The company indicated that it hopes the restructuring will help reduce expenses, increase efficiency, and provide sustained profitable growth. As part of its plan the company said it would focus more on its lighting business. The company also said it would outsource manufacturing to Flextronics International Ltd.

The company will therefore close its Victoria, BC-based "Enterprise" manufacturing facility by February 2009. In addition, the company announced that it would close its U.S. solar component distribution business and California warehouse by September 2008, as well as its Calgary, Alberta office and warehouse by October 2008. However, the company indicated that administrative functions from the California and Calgary locations will be moved to the its headquarters in Victoria, British Columbia Canada.

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