Solar the Secret to Saving the Motor City?

" Clock back to happy hour everyone can solar power be the answer for Michigan stormy economy. Well one company is investing billions helping to provide some -- that's all. In that day to fill -- in on the bright future it was promised no more. We are doing bite Dow Corning CEO Stephanie burns that any great to have you here and I promise that there will be any. I am I. -- Stephanie it's really interesting what the Dow Corning is doing especially there where your headquarters in his state of Michigan there to tell our viewers a little bit about."

" You ran that innovation driven company and we specialize -- and -- high technology silicon based material that -- did just that. Every market you've been named Everett factory nickname. But more recently. Did -- consult our heads really bad -- and that's the the state of Michigan and and local night. I'll grant me as a leading provider of the Hollywood sign and which is the thought of alternate ingredient material that goes into the solar panels so we've announced. Almost five billion dollars of investments since 2000. Back. Two expand their capacity from an excellent."

" It's those kinds of their real quick set up sartorial I jump in but pop. One of the main uses for poly silicon that would be -- in cars in the chips and cards now. Are you feeling being in Detroit area Michigan State Michigan -- feeling that slowdown in the solar."

" A bit a bit poly silicon posse is and semiconductors that -- as a -- for our electronic devices. And we act saying that have been are adamant tells -- electronic applications and that. I would think -- depressed and starting to come back -- the last couple of months was starting to see an improvement in that one of the."

" Biggest problems was solar has been that it without major welfare subsidies the business isn't solvent doesn't make any money. And you know I I've invested in companies like tedious human case that I've I soon as -- but it probably going to be as customary. Honest answer that often and it in the solar was always the promise because fiber optics business they have the -- business wasn't growing. And it never it never actually amounted to much a lost money in that stock at what is different than what is happening missile today."

" Life of that nature if you look around the world rest well -- as the most of trash has been because of government subsidies if you look at Germany and Spain. And and southern European countries to cut government welfare -- I felt that he. And it's got that way in Japan but but actually nab those subsidies of being remote installer is more and more competitive as. As the class approach that parity and especially some of these countries where electricity is very expensive. -- when you're looking at the solar power being used at peak power hours. Middle of the day attack while I'm."

" Love the fact to the Dow Corning is being pro at the end you know even even -- pointing out some like the auto sector or that you you pointed out the consumer sector. Depressed right now so it may be hurting. The market that you would sell -- but Dow Corning is saying hey let's look to the future long -- Not this short term on profits with a lot of other companies are the other thing that I love about this whole situation is that. You're expanding and these manufacturing jobs are being lost in Michigan you that --"

" Hiring in fact there's a whole would mark the governor and local university says a home retraining. Of the workforce going on right now to take some of the folks who have -- who have been displaced in the auto industry in at a manufacturing jobs. And really upgrade their stealth. So that they can come into our facilities and get good."

" And interestingly I mean you guys have gone through what is one of the longest bankruptcies ever you were in bankruptcy for what post six somehow here and yes I yeah I. Thank you guys are still come out on the other side and creating new jobs after the fact -- Dow -- today -- the -- in 1998 -- and I."

" They went into bankruptcy in 1990 I think yes there are even without our businesses and productivity as we have added that's -- and just a solid investments alone. And added 1200 cats Michigan that -- targeted and it is something that's going to take him up. You must be benefiting from the stimulus package in some way shape or five feet yet obviously indirectly I -- we received enough stimulus funds directly. But obviously I Obama has talked about incentivizing. Alternative. Manage eight if you recently talked about retraining. Skilled laborers so that they can stop and -- are on the house Paulson and -- says it's obviously indirectly that -- as -- It helped out at a -- you how long do you think we were seriously we start considering putting solar panels in our house -- I think he'll I think you'll see it soon. Pat -- them. Five years ten years or less than that much less than that and that they have projections that went above age that there and it's within yes they had. Every every minute parody that's -- and we've got to pay 81520 I've I've. You know they think I'm in Michigan and it -- yet so we'll talk to I'm."

" Courtesy of Dow -- and I don't --"