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Saginaw, Texas Town Compete For Solar Plant

Decision Expected By End Of December

POSTED: 12:56 pm EST November 24, 2009
UPDATED: 7:22 pm EST November 24, 2009

A $177 million solar modular plant and 500 new jobs could be on the way to Saginaw.

But the city will need to compete against a Texas community first.

The two cities are in talks with Globalwatt, a California-based solar industry company.

The Saginaw City Council is considering a Brownfield redevelopment plan that would earn the company $10 million in state tax credits.

Globalwatt is expected to make a decision by the end of December.

The Texas town being considered has not been named.

Six months ago, Globalwatt entered a research and development partnership with TAMUCC at Corpus Christi, Texas.

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