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-0.0079239302694136 -0.0079239302694136 0 0.0118858954041205 0.00868462757527737 -0.080649762282092 -0.150530903328051 -0.147385103011094
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Maxeon Provides Update on CBP Detention of its Solar Panels [Yahoo! Finance]

Maxeon Solar Technologies, Ltd. - Ordinary Shares (MAXN) 
Company Research Source: Yahoo! Finance
innovation and channels, today announced that Maxeon solar panels continue to be detained and inexplicably excluded from being imported from its Mexico manufacturing facilities into the U.S. market. Despite having fully and transparently mapped its supply chains and provided U.S. Customs & Border Protection (CBP) officials with thorough traceability documentation of its clean supply chain, CBP reviewers have alleged a lack of sufficient documentation to prove Maxeon's compliance with the Uyghur Forced Labor Prevention Act (UFLPA), which the Company vehemently refutes, having provided clear and objective evidence to the contrary. Maxeon out-going CEO Bill Mulligan commented: "As a pioneering, ethical solar company founded in the United States almost 40 years ago, Maxeon's core values are diametrically opposed to the use of forced labor in the production of our products. Over the past twenty years we have consistently taken extraordinary measures to ensure a clean and traceable supply Show less Read more
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