Serious Energy to Close Green Window Factory it Once Saved

Serious Energy to Close Green Window Factory it Once Saved FirstFuel Wins $10M More for. And, of course, opening up new financing models is the key to realizing the commercial building sector's energy efficiency potential. Since then, Serious has put in place its windows in the Empire State building, along with bought the Chicago plant and another window factory in Vandergrift, Pa. While energy efficiency IT is a less cost-intensive business, and thus likely more attractive to venture capital investors, it's still a nascent field. "Ongoing economic challenges in construction and building products, collapse in demand for window products, difficulty in obtaining favorable lease terms, high leasing and utility costs and taxes, and a range of other factors unrelated to labor costs, have compelled Serious to cease production," the Sunnyvale, Calif. Serious has always remained fairly adamant about its intentions to grow to scale under its own power. But Serious's press release made pretty clear that the windows business hasn't been going well either. They in turn have bought their share of software startups to get where they're going, of course. We'll see if Serious can compete in all three fields. Serious Energy to Close Green Window Factory it Once Saved Trade News selected by Local Linkup on 28/02/2012