Japanese electronics company Panasonic Corp. is closing its plant at 5475 Gaffin Road SE in east Salem. Production at the approximately 130,000-square-foot plant is expected to end in late October.
The Salem plant is closing because it’s tied to a factory in central Japan. The factory Salem supports in Japan’s Shiga prefecture, near Kyoto, is stopping production of solar cell modules by the end of March 2018 as the company moves in the Japanese market from creating the solar cell modules to solar cells.
“It’s a change in competitive strategy,” Panasonic spokesman Jim Reilly said.
Read more at the Statesman Journal.