Bill,
Interesting because at InterSolar in SF this June, they were still
bragging about being made in the USA. I guess you'd want to right up until:
"Another one bites the dust" (there's a song isn't there?) It's getting
terribly lonely out there for a US made offgrid inverter.
Bill
Feather River Solar Electric
----- Original Message -----
From: Bill Hennessy
To: RE-wrenches
Sent: Sunday, September 07, 2014 6:47 AM
Subject: [RE-wrenches] Magnum Energy sold to tax dodger
hey wrenches, I suppose it's old news to you West Coasters, but saw yesterday
that Magnum inverters has been sold for $60 million to a Mitt Romney
conglomerate that shifted to the Netherlands to avoid paying US taxes. The new
owner, Sensata, touts its "integrity" and comes with a rep of moving jobs to
China.
SEC Info - Sensata Technologies Holding N.V. - 10-Q - For 6/30/14 - R22
SEC Info - Sensata Technologies Holding N.V. - 10-Q - For 6/30/14 -
R22Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB
-Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50
-Paragraph 1
View on www.secinfo.com Preview by Yahoo
http://finance.yahoo.com/news/tax-dodge-used-bain-escapes-040100235.html
Tax Dodge Used by Bain Shifts U.S. Firms Abroad Without ...While its
top executives are still based in Attleboro, Massachusetts, it's now known as
Sensata Technologies Holding NV (ST) of the Netherlands. Treasury Department...
View on finance.yahoo.com Preview by Yahoo
Bill Hennessy
Berks Solar, LLC
371 Centennial Rd
Mertztown, PA 19539
o 610 682 4300
c 484 560 4666
NABCEP certified installer
PA contractor #44411
www.berkssolar.com
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