Press Releases  |
| Date | Title | | | 09/02/10 | STR Appoints Bernardo E. Alvarez to Lead Expansion Efforts in China| ENFIELD, Conn., Sep 02, 2010 (BUSINESS WIRE) --STR Holdings, Inc. (NYSE: STRI) today announced the appointment of
Bernardo E. Alvarez, 46, to the position of Director of Business
Development - STR Solar for the People's Republic of China.
Mr. Alvarez has served as General Manager of Specialized Technology
Resources España, S.A., (STRE), Llanera, Asturias, Spain, since its
inception in 2002. Prior to joining STRE, Mr. Alvarez was employed by
multinatio... |
|  | | 08/10/10 | STR Holdings, Inc. Reports Second Quarter 2010 Results| - Consolidated Net Sales Up 62%; Raises Full-Year Guidance -
ENFIELD, Conn., Aug 10, 2010 (BUSINESS WIRE) --STR Holdings, Inc. (NYSE: STRI) today announced financial and operating
performance for the second quarter and six months ended June 30, 2010.
Second Quarter 2010 Financial Highlights:
Consolidated net sales for the quarter rose 62.3% to $96.7 million
from a year ago; Solar segment's net sales rose 126% to $67.0 million,
from $29.6 m... |
| | | 08/05/10 | STR Holdings, Inc. Appoints Robert M. Chiste and Dr. Uwe Krueger to
Its Board of Directors| ENFIELD, Conn., Aug 05, 2010 (BUSINESS WIRE) --STR Holdings, Inc. (NYSE: STRI) today announced the appointment of two
independent directors, Robert M. Chiste, 62, and Dr. Uwe Krueger, 45, to
its Board of Directors.
Robert M. Chiste is an Executive in Residence with the Silicon Valley
venture capital firm El Dorado Ventures, where he leads the firm's
cleantech activities. He served as Chairman, President and CEO of
Comverge, Inc. (NASDAQ:COMV) from 200... |
| | | 08/03/10 | STR Holdings Announces $19 Million Investment in U.S. Manufacturing
Expansion and Relocation| Company Signs Purchase Agreement to Acquire a 275,000 Square Foot
Facility in East Windsor, CT and Plans to Expand U.S. Manufacturing
Capacity to 3.0 GW
ENFIELD, Conn., Aug 03, 2010 (BUSINESS WIRE) --STR Holdings, Inc. (NYSE: STRI), a leading global provider of high
quality, superior performance solar encapsulants to the photovoltaic
module industry, today announced plans to expand its U.S. manufacturing
capacity to 3.0 GW and relocate the majority of i... |
| | | 07/20/10 | STR Holdings To Report Second Quarter 2010 Financial Results on
August 10| - Conference Call to Follow at 4:30 p.m. EDT -
ENFIELD, Conn., Jul 20, 2010 (BUSINESS WIRE) --STR Holdings, Inc. (NYSE: STRI) announced today it will release
financial results for the second quarter ended June 30, 2010 after
market close on Tuesday, August 10, followed by an investor conference
call at 4:30 p.m. EDT. Dennis L. Jilot, Chairman, President and Chief
Executive Officer, and Barry A. Morris, Executive Vice President and
Chief Financial Office... |
| | | 07/13/10 | STR Holdings, Inc. Completes Phase I Expansion and Announces
Additional 1.0 GW Capacity Expansion at Its Malaysia Plant| ENFIELD, Conn., Jul 13, 2010 (BUSINESS WIRE) --STR Holdings, Inc. (NYSE: STRI) announced today that the 1.0 GW
expansion of its Malaysia plant has become operational to meet the
growing global market demand for its industry-leading PhotoCap(R)
solar encapsulant materials. Total production capacity at the Malaysia
facility has now been doubled to 2.0 GW, bringing the Company's global
installed capacity to 6.35 GW.
"Increasing the production capacity at... |
| | | 05/11/10 | STR Holdings Reports Strong First Quarter 2010 Earnings Growth and
Increases Full-Year Guidance| ENFIELD, Conn., May 11, 2010 (BUSINESS WIRE) --STR Holdings, Inc. (NYSE:STRI) today announced financial results for the
first quarter ended March 31, 2010. The Company also provided guidance
for the second quarter and increased its 2010 financial guidance.
Q1 Financial Highlights:
STR Solar segment's net sales rose 60.3% to $54.8 million compared
with $34.2 million in the first quarter of 2009 and rose 8.9% on a
quarterly sequential bas... |
| | | 05/04/10 | STR Holdings, Inc. Names Alan N. Forman as Vice President and General
Counsel| ENFIELD, Conn., May 04, 2010 (BUSINESS WIRE) --STR Holdings, Inc. (NYSE: STRI) announced today that Alan N. Forman has
joined the Company as its Vice President and General Counsel, reporting
directly to Dennis L. Jilot, Chairman, President and Chief Executive
Officer. Mr. Forman will be responsible for all legal affairs at the
Company.
"We are thrilled to add such a well-respected and seasoned professional
to our executive team," said Mr. Jilot. "As we ... |
| | | 04/30/10 | STR Holdings, Inc. Announces Plan to Double Size of Its Malaysia Plant| ENFIELD, Conn., Apr 30, 2010 (BUSINESS WIRE) --STR Holdings, Inc. (NYSE: STRI) today announced it has commenced work on
Phase II of its expansion plan at the Company's solar encapsulant
facility in Johor, Malaysia to service its growing customer base in Asia.
Phase II will double the size of the Company's existing production and
warehouse space in Malaysia, providing floor space for total capacity of
up to 4.0 GW. It is scheduled for completion by the end of th... |
| | | 04/27/10 | STR Holdings To Report First Quarter 2010 Financial Results on May
11, 2010| - Conference Call to Follow at 4:30 p.m. EDT -
ENFIELD, Conn., Apr 27, 2010 (BUSINESS WIRE) --STR Holdings, Inc. (NYSE: STRI) announced today it will release
financial results for the first quarter ended March 31, 2010 after
market close on Tuesday, May 11, followed by an investor conference call
at 4:30 p.m. EDT. Dennis L. Jilot, Chairman, President and Chief
Executive Officer, and Barry A. Morris, Executive Vice President and
Chief Financial Officer, ... |
| | | 04/21/10 | STR Holdings, Inc. Announces Closing of Secondary Offering and
Exercise of Over-Allotment Option| ENFIELD, Conn., Apr 21, 2010 (BUSINESS WIRE) --STR Holdings, Inc. (NYSE: STRI) today announced that it closed its
secondary offering of 8,050,000 shares of its common stock on behalf of
certain stockholders at $18.75 per share. The total offering size
reflects the underwriters' exercise of their option to purchase an
additional 1,050,000 shares from the selling stockholders to cover
over-allotments. STR Holdings did not receive any proceeds from the
... |
| | | 04/15/10 | STR Holdings, Inc. Announces Pricing of Secondary Public Offering on
Behalf of Selling Stockholders| ENFIELD, Conn., Apr 15, 2010 (BUSINESS WIRE) --STR Holdings, Inc. (NYSE: STRI), today announced that the secondary
offering of 7,000,000 shares of its common stock on behalf of certain
stockholders has been priced at $18.75 per share. The closing of the
offering is expected to take place on April 21, 2010, subject to
customary closing conditions. In addition, the selling stockholders have
granted the underwriters an option to purchase up to 1,050,000
... |
| | | 04/12/10 | STR Holdings, Inc. Commences Secondary Public Offering on Behalf of
Selling Stockholders| ENFIELD, Conn., Apr 12, 2010 (BUSINESS WIRE) --STR Holdings, Inc. (NYSE:STRI), today commenced a secondary offering of
7,000,000 shares of its common stock on behalf of certain stockholders.
In connection with the offering, the selling stockholders will grant to
the underwriters an option to purchase up to 1,050,000 additional shares.
STR Holdings will not receive any proceeds from the proposed offering.
Credit Suisse and Goldman, Sachs & Co. are acting as joint... |
| | | 04/05/10 | STR Holdings, Inc. Affirms Full Year and First Quarter Guidance,
Reports Shift in Anticipated Segment Mix| ENFIELD, Conn., Apr 05, 2010 (BUSINESS WIRE) --STR Holdings, Inc. (NYSE:STRI), today announced that it affirmed its
2010 full year guidance of total net sales of $310 million to $330
million and 2010 diluted non-GAAP earnings per share (EPS) of $1.05 to
$1.10. The Company anticipates that, due to recent strength in the
global solar market and reductions in anticipated orders by certain key
clients in its Quality Assurance business, the projected revenue mi... |
| | | 04/05/10 | STR Holdings, Inc. Announces Proposed Secondary Public Offering on
Behalf of Selling Stockholders| ENFIELD, Conn., Apr 05, 2010 (BUSINESS WIRE) --STR Holdings, Inc. (NYSE: STRI), today announced a proposed secondary
offering of 6,500,000 shares of its common stock. The shares will be
sold by certain stockholders. In connection with the proposed offering,
the selling stockholders will grant to the underwriters an option to
purchase up to 975,000 additional shares.
STR Holdings will not receive any proceeds from the proposed offering.
Credit Suisse and Gold... |
| | | 03/23/10 | STR Holdings, Inc. Appoints Chief Technology Officer to Lead Solar
Research & Development Team| ENFIELD, Conn., Mar 23, 2010 (BUSINESS WIRE) -- STR Holdings (NYSE:STRI) today announced the appointment of Dr.
Charles G. Reid, Ph.D., 48, to the newly created post of Chief
Technology Officer where he will lead STR's long-standing tradition of
developing and commercializing market-leading encapsulants for the
photovoltaic solar panel industry. Dr. Reid will assume management
responsibility for STR's technology group, including R&D and Technical
... |
| | | 03/17/10 | STR Holdings Reports Fourth Quarter and 2009 Financial Results| - Fourth Quarter Earnings Growth Driven by Improved Solar Market -ENFIELD, Conn., Mar 17, 2010 (BUSINESS WIRE) -- STR Holdings, Inc. (NYSE: STRI) today announced financial results for
the fourth quarter and year ended December 31, 2009.
2009 Fourth Quarter Highlights include:
Consolidated net sales rose 6.1% to $79.9 million compared with $75.4
million in the fourth quarter of 2008
Diluted EPS of $0.23 vs. $0.09 a year ago; non-GAAP ... |
| | | 02/24/10 | STR Holdings to Report Fourth Quarter and Year End 2009 Financial
Results on March 17, 2010| - Conference Call to Follow at 4:15 p.m. EST -ENFIELD, Conn., Feb 24, 2010 (BUSINESS WIRE) -- STR Holdings, Inc. (NYSE:STRI) announced today it will release financial
results for the fourth quarter and year ended December 31, 2009 after
market close on Wednesday, March 17, followed by an investor conference
call at 4:15 p.m. EST. Dennis L. Jilot, Chairman, President and Chief
Executive Officer and Barry A. Morris, Executive Vice President and
Chief Financi... |
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