Spire Corp. Announces Expansion at European Headquarters

February 25, 2001 by Jeff Shepard

Spire Corp. (Bedford, MA) announced the expansion of Spire Solar Europe to support its increased activities in Germany and other European countries. Spire Solar Europe has added technical staff at its headquarters in Schopfheim, Germany to improve support to its European customers as they expand their production capacity for manufacturing solar electric modules.

New orders for Spire's manufacturing equipment have recently been received from a number of German and Portuguese companies. According to Spire, many European governments are aggressively supporting the use of solar electric systems to provide clean, renewable, solar electric energy to their citizens. Germany is one of the leading markets in the world for Spire's photovoltaic module manufacturing equipment.

Roger Little, president & CEO, commented, "We have a large customer base in Europe that we have been servicing for more than 15 years from our office in Schopfheim, Germany. The importance of our activities in the German solar electric market is evidenced by the fact that Spire shares have recently begun trading on the Frankfurt Stock Exchange, allowing European investors to follow our growth more closely."