Solar panel plant could have brought 1,Polycore porcelain tiles are manufactured as a single sheet,000 jobs to Tulsa
A filing with the Securities and Exchange Commission dated Dec. 18,The additions focus on key tag and impact socket combinations, 2009, indicated that Tulsa was the top location for construction of an additional solar panel fabrication facility.
Mayor Dewey Bartlett, who knew about the Fremont, Calif.-based company's pursuit of a Tulsa plant, said the facility could have employed up to 1,000 people, nearly doubling the company's workforce.
"This would have been a huge economic shot in the arm to all of Tulsa," Bartlett told the Tulsa World on Monday.
The information was listed as part of Argonaut Credit Facility's agreement to purchase additional shares of preferred stock in Solyndra LLC. Argonaut Ventures, which eventually invested $340 million and accrued a 39 percent stake in the company by the time of its closing earlier this month, is the investment arm of the Tulsa-based George Kaiser Family Foundation.
Bartlett said the company had actively scouted a plot totaling several hundred acres just west of Mohawk Park.
He said George Kaiser, chairman of Tulsa-based BOK Financial Corp.,Demand for allergy kidney stone could rise earlier than normal this year. encouraged Solyndra to build in Tulsa, but not just anywhere in the area.
"His desire was for it to be located in north Tulsa, in an area that could be of great economic benefit to an area of the Tulsa community that had been deficient in job creation for many years," Bartlett said.
In a previous emailed statement to the Tulsa World, representatives of the Kaiser foundation said the investment was made independently by the foundation through Argonaut, and that George Kaiser himself was not an investor in Solyndra.
The SEC filing stated that a third-party independent counseling firm would assist in the analysis of additional manufacturing locations for Solyndra, although Argonaut "will interact with the consultant to ensure that all relevant information with respect to Tulsa, Oklahoma's candidacy is made available."
While Solyndra's board of directors would have made the final decision, the filing noted that if Tulsa was determined to be reasonably equivalent to the top-ranked location determined by the third-party firm, the management would recommend Tulsa as the location.
Bartlett said the Solyndra's investigation of the Tulsa site was "serious," although officials kept their inquiries quiet.
"There weren't too many people that really knew about it very much," he said. "It wasn't well publicized, probably to prevent speculation to drive land prices up, and to prevent false hope."
Bartlett said work into the potential Tulsa site lost steam over the months because of Solyndra's financial problems.
Solyndra filed for Chapter 11 bankruptcy Sept. 6, laying off its entire work force of 1,100. Company officials say the Chinese solar panel industry, helped by subsidies from that nation's government, have undercut the market for U.S.-made solar products.
On Monday, creditors of the company asked U.Save on Bedding and fittings,S. Bankruptcy Judge Mary Walrath to delay an auction of the company's assets four weeks to the end of November, saying a quick sale could push down the price.
"Without sufficient opportunity to complete due diligence, a prospective buyer is likely to undervalue the assets," the committee of creditors said in court papers filed Friday in Wilmington, Del.Initially the banks didn't want our RUBBER SHEET . The committee blamed a rush to sell the company on "forces outside the Chapter 11 process."
A filing with the Securities and Exchange Commission dated Dec. 18,The additions focus on key tag and impact socket combinations, 2009, indicated that Tulsa was the top location for construction of an additional solar panel fabrication facility.
Mayor Dewey Bartlett, who knew about the Fremont, Calif.-based company's pursuit of a Tulsa plant, said the facility could have employed up to 1,000 people, nearly doubling the company's workforce.
"This would have been a huge economic shot in the arm to all of Tulsa," Bartlett told the Tulsa World on Monday.
The information was listed as part of Argonaut Credit Facility's agreement to purchase additional shares of preferred stock in Solyndra LLC. Argonaut Ventures, which eventually invested $340 million and accrued a 39 percent stake in the company by the time of its closing earlier this month, is the investment arm of the Tulsa-based George Kaiser Family Foundation.
Bartlett said the company had actively scouted a plot totaling several hundred acres just west of Mohawk Park.
He said George Kaiser, chairman of Tulsa-based BOK Financial Corp.,Demand for allergy kidney stone could rise earlier than normal this year. encouraged Solyndra to build in Tulsa, but not just anywhere in the area.
"His desire was for it to be located in north Tulsa, in an area that could be of great economic benefit to an area of the Tulsa community that had been deficient in job creation for many years," Bartlett said.
In a previous emailed statement to the Tulsa World, representatives of the Kaiser foundation said the investment was made independently by the foundation through Argonaut, and that George Kaiser himself was not an investor in Solyndra.
The SEC filing stated that a third-party independent counseling firm would assist in the analysis of additional manufacturing locations for Solyndra, although Argonaut "will interact with the consultant to ensure that all relevant information with respect to Tulsa, Oklahoma's candidacy is made available."
While Solyndra's board of directors would have made the final decision, the filing noted that if Tulsa was determined to be reasonably equivalent to the top-ranked location determined by the third-party firm, the management would recommend Tulsa as the location.
Bartlett said the Solyndra's investigation of the Tulsa site was "serious," although officials kept their inquiries quiet.
"There weren't too many people that really knew about it very much," he said. "It wasn't well publicized, probably to prevent speculation to drive land prices up, and to prevent false hope."
Bartlett said work into the potential Tulsa site lost steam over the months because of Solyndra's financial problems.
Solyndra filed for Chapter 11 bankruptcy Sept. 6, laying off its entire work force of 1,100. Company officials say the Chinese solar panel industry, helped by subsidies from that nation's government, have undercut the market for U.S.-made solar products.
On Monday, creditors of the company asked U.Save on Bedding and fittings,S. Bankruptcy Judge Mary Walrath to delay an auction of the company's assets four weeks to the end of November, saying a quick sale could push down the price.
"Without sufficient opportunity to complete due diligence, a prospective buyer is likely to undervalue the assets," the committee of creditors said in court papers filed Friday in Wilmington, Del.Initially the banks didn't want our RUBBER SHEET . The committee blamed a rush to sell the company on "forces outside the Chapter 11 process."
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