Source: The Business Journals: Los Angeles Biz

Verengo: Verengo says workers will transition to Crius Energy

Verengo Inc., an installer of residential solar panels, said it will be able to save company jobs despite its Chapter 11 bankruptcy filing. In documents filed with the state Employment Development Department, Torrance-based Verengo said it will cut 60 jobs from its Anaheim office and 22 in Torrance, effective Nov. 15, the Orange County Register reported last week. Company spokesman Claudio Ingrassia said those jobs will be transitioned to Crius Solar Fulfillment, which will buy Verengo's assets. "While...

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Est. Annual Revenue
$5.0-25M
Est. Employees
500-1.0K
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