Posts Tagged ‘ Doosan Co. ’

South Korean Company Buys ClearEdge Power; Fuel Cell Maker Abruptly Laid Off South Windsor Workers In April

Jul 23rd, 2014 | By

Doosan Co. Ltd., based in South Korea, said it will acquire the assets and operating debt of U.S.-based ClearEdge Power, a fuel cell manufacturer for buildings, for $32.4 million, the Reuters news service reports. ClearEdge Power, based in Sunnyvale, Calif., filed Chapter 11 bankruptcy in May to reduce debt and operating costs. It had major

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