Austin TX Jobs Could be Created by Chinese Manufacturer

One Chinese company's decision could help create hundreds of Austin TX jobs.

Yingli Green Energy Holding Co. Ltd. is considering Austin, San Antonio and a few cities in other states as the home base for the company's manufacturing hub for solar-electric panels. The operation could create up to 300 jobs in Austin.

The company currently has 4,700 employees and made $1.1 billion in revenue last year. Company officials have said they are close to choosing a site for the $20 million photovoltaic panel plant. If Austin is chosen as the site of the plant, according to an article by Austin Business Journal, it could serve as a catalyst for the city's ambitions to become a serious player in the solar energy market.