Parts of the facility, owned by Saft America, are idle. Though management originally forecast profits as early as 2013, the plant is still losing money as it vies for more of the battery market. And the French parent company, Saft Group, recently wrote down the value of the factory.
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Is a policy analyst for TCAP, a coalition of cities and other political subdivisions that purchase electricity in the deregulated market for their own governmental use. Because high energy costs can impact municipal budgets and the ability to fund essential services, TCAP, as part of its mission, actively promotes affordable energy policies. High energy prices also place a burden on local businesses and home consumers.