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It's a tough time of the year for people to lose jobs, said Steve Hyde, CEO of the Genesee Economic Development Center, but there is a silver lining on the dark clouds hanging over the Quaker Muller Dairy Plant.
A large dairy processing organization is close to closing a deal to
Muller Quaker Dairy apparently announced the closing of its Batavia yogurt plant today. We have not been able to confirm that announcement with the spokeswomen for Muller Quaker.
GCEDC issued this statement a few minutes ago.
“While we are extremely disappointed about today’s announcement by Mueller Quaker Dairy, we are
The company's share price hasn't risen above $5 in four months after executives informed investors that it is facing a cash flow problem, and while it has made progress on improving its cash holdings and has increased production at plants in Tennessee and Georgia, there are stock analysts downgrading Plug Power as an investment opportunity.
Even so, Plug Power's leadership indicates the company is plowing ahead with plans to build the nation's leading fully integrated hydrogen power supply company -- a revolution in alternative energy production if Plug Power can pull it off.
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