Written by Ucilia WangBP Solar [a subsidiary of <b>BP</b> <span class=" TICKERFLAT">(<a href="/quote/BP.html">BP</a> - <a href="http://secure2.thestreet.com/cap/prm.do?OID=028198&ticker=BP">Get Report</a><a class=" arrow" href="/quote/BP.html"><span class=" tickerChange" id="story_BP"></span></a>)</span>] has canceled a $97 million plan to expand manufacturing in Maryland, citing increasingly intense competition in the global market.
BP Solar Scraps Maryland Factory Expansion
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.