First Solar (FSLR) announced that it will establish a new facility in Gaffney, Cherokee County, South Carolina, to onshore final production processes for Series 6 Plus modules initiated by the company’s international fleet. The company expects to spend approximately $330M to establish the new facility, which is scheduled to commence commercial operations in the second half of 2026. The facility is forecast to create over 600 new jobs with an average manufacturing salary of $74,000 per year, approximately twice the per capita income in Cherokee County. Altogether, the company, which expects to directly employ over 5,500 people in the U.S. by the end of 2026, will have invested approximately $4.5B in American manufacturing and R&D infrastructure since 2019.
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