Liens filed against polysilicon plant owner

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by Associated Press

KTVB.COM

Posted on August 27, 2009 at 1:37 PM

Updated Wednesday, Oct 14 at 3:34 PM

POCATELLO -- About $16 million in liens have been filed by a general contractor and some subcontractors against Hoku Scientific Inc., a money-losing supplier of silicon for solar panels with an unfinished plant in eastern Idaho.

JH Kelly, LLC, the Washington-based general contractor overseeing construction, filed the largest lien late last month of just under $13 million against the Hawaiian-based company.

The company wants to manufacture and sell polysilicon for the solar market at its Pocatello plant, but construction nearly came to a standstill earlier this year because the company still needs to come up with more than $100 million of the $390 million cost of the plant.

Scott Paul, chief operating officer for Hoku Scientific, says the company has slowed construction but is still working on getting financing.

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