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BRIEF-Sunpower to close its Philippine-based Fab 2 manufacturing facility
December 7, 2016 / 1:50 PM / a year ago

BRIEF-Sunpower to close its Philippine-based Fab 2 manufacturing facility

Dec 7 (Reuters) - Sunpower Corp

* Sunpower Corp - Board of directors approved closure of company’s philippine-based fab 2 manufacturing facility

* Sunpower-On Dec. 2, compensation committee approved extension of reduction of salary of thomas werner to $1, net of benefit costs, through end of q1

* Sunpower Corp - extension was at Werner’s request in light of continued market dislocation and need to reduce operating expenses. Source text for Eikon: Further company coverage:

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