Bloom Spotlight Delaware

Bloom Energy plans to move some Delaware jobs to Mexico

Karl BakerBusiness, Headlines

Bloom Energy, the fuel cell producer that a decade ago promised to revitalize the state‚Äôs manufacturing sector, announced last week that it will move a slice of its Newark operations to Mexico at the end of 2024. The decision is one part of the California company‚Äôs plan to restructure amid increasing debt and continuous financial losses, according to its annual …