Sales Fail For Batteries Aimed At Utility Efficiency

RALEIGH, N.C. (AP) — A start-up company is shutting down its North Carolina factory three years after announcing it would employ hundreds building batteries that help power companies save energy or shift to wind and solar power. Alevo informed state officials Friday that it was immediately shutting down its factory inside a massive, former Philip Morris USA cigarette plant and filing for bankruptcy protection.Read more on NewsOK.com

Topics:  raleigh   n.c ap    north carolina   alevo   philip morris usa   newsok    a   batteries   factory   shutting   power   

 

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