Energy Conversion Devices Sees Double-Digit Revenue Growth
CandianBusiness.com reports Energy Conversion Devices Inc. predicted revenue will climb 18 to 33 percent in the fourth quarter due to growth in the solar cell market. Energy Conversion Devices Inc. makes solar cells and fuel cell batteries.Energy Conversion expects to record $2 million to $3 million of startup costs for new factories in Michigan in addition to estimated restructuring costs of $3 million to $6 million.
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