The owners of a bankrupt western Pennsylvania plant that manufactured solar power components have abandoned plans to reopen.
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Flabeg Solar U.S. Corp. shut down its plant near Pittsburgh last March, but the owners had hoped to reorganize.
The Pittsburgh Tribune-Review reports that the plan to reopen collapsed earlier this month when a Chinese mirror manufacturer failed to complete a court-approved purchase of a piece of equipment for $900,000 and to fund a reorganization plan.
An auction is now scheduled for mid-December.
The plant shutdown unexpectedly when the parent company cut off funding amid its own financial problems.
At its height in 2011, the plant employed 240 and had sales of about $30 million. The facility used a robotic production line to create large mirrors for solar energy plants.
