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N Solar Inc. Selects County of Sacramento for North American Headquarters and Manufacturing Facility

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N Solar Inc. Selects County of Sacramento for North American Headquarters and Manufacturing Facility

Sacramento, Calif., February 5, 2010–The Sacramento Area Commerce and Trade Organization (SACTO), the County of Sacramento, and McClellan Business Park jointly announced today that N Solar Inc., a newly incorporated U.S. company that is a subsidiary of Millinet, an IT equipment manufacturer, business services provider, and solar cell manufacturer based in Seoul, Korea, has chosen the County of Sacramento for its first North American facility. N Solar Inc. recently signed a lease with McClellan Business Park for 116,727 square feet of industrial space at 5207 Luce Avenue and will begin operations in September 2010, ultimately bringing 150 new jobs to the region.

 

N Solar Inc. will have both its headquarters and solar module manufacturing operations based at McClellan Business Park. The Sacramento Region was chosen for its proximity to state government entities, accessibility to solar partners and programs, relatively low cost of operations, and business-friendly environment. McClellan Business Park is a Local Agency Military Base Recovery Area (LAMBRA), which also allows N Solar Inc. access to the benefits associated with a LAMBRA.

 

Millinet Founder and N Solar Inc. President Sang Chul Lee stated “N Solar Inc. is very pleased to set up our operations in the County of Sacramento. We have had great support from the State of California, the County of Sacramento, McClellan Business Park, and SACTO, and we look forward to cultivating these relationships for many years to come. We wish to thank everyone who has been involved for their partnership.”

 

“We are pleased to welcome N Solar Inc. to the Sacramento Region. The decision to locate its solar panel manufacturing facility in the Sacramento Region will have a significant impact on our regional economy and further solidifies the region’s emerging prominence as a clean energy technology hub—both on the national and international stage,” stated Jeanne Reaves, SACTO Chair.

 

“The success in attracting this leading solar cell manufacturer is evidence of the strength and support of the public-private partnership between the County of Sacramento, McClellan Business Park, and the community,” said Larry Kelley, President of McClellan Business Park. “We are obviously very pleased to welcome N Solar to McClellan and look forward to working with them as they grow in our community.”

 

"The arrival of N Solar is significant to the growth of our green economy. Sacramento gets a renewable energy industry which is consistent with our vision of creating a sustainable community. And with 150 new 'green jobs,' we will be boosting our local economic recovery efforts," stated Roger Dickinson, Chair of the Sacramento County Board of Supervisors.

 

SACTO would like to thank Rob Leonard and Jim Pardun from the County of Sacramento; Larry Kelley and Ken Giannotti from McClellan Business Park; Rick Phillips and Rob Mora from TRI Commercial; Jeff Koewler, Aileen Kim, and Matt Ellis from Downey Brand Attorneys LLP; and all the representatives from the city, region, and state that have and will continue to assist N Solar Inc. as it begins its operations.

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