There is now much more competition and theneed to advertise and actively encourage consumers towards treatment is
There is now much more competition, and theneed to advertise and actively encourage consumers towards treatment is a trendthat looks set to continue. He then shed entire levels ofmiddle managers, instilled a culture of meritocracy and took aknife to costs. * Last April, he made his biggest — and some say riskiest– move by taking 20 percent of bankrupt Chrysler Thepartnership with U.S. auto maker was the first step in a move tocreate a group big enough to survive the industry crisis Opelis the next step Marchionne says Fiat is too small to surviveby itself. * A lawyer and tax accountant by training, Marchionne, 56,does not come across as a typical corporate type.
In contrast tomost Italian executives, he shuns expensive suits and ties infavour of a blue sweater over an open-necked shirt. He doesallow himself to enjoy some trappings of luxury, however. Afterlong spells at Fiat’s offices in Turin, Italy, Marchionne getsbehind the wheel of a Ferrari when he goes back to see his wifeand two children at their home in Switzerland. * Marchionne is also non-executive vice-chairman of Swissbank UBS (UBSN.VX)(UBS.N) Stocks Mergers & Acquisitions Bonds Italy. MARLBORO, Mass.–(Business Wire)–Evergreen Solar, Inc.
(“Evergreen Solar”) (Nasdaq: ESLR) announced today that ithas commenced a $60 million public offering of its common stock. Evergreen Solarexpects to grant to the underwriter a 30-day option from the date of the finalprospectus supplement to purchase up to an additional $9 million of its commonstock. Evergreen Solar intends to use the net proceeds from the offering, afterdeducting underwriting discounts and Evergreen Solar`s estimated expensesrelated to the offering (1) to fund its planned initial 100 MW wafermanufacturing facility in Wuhan, China, which, assuming the Wuhan governmentprovides or facilitates financing for approximately two-thirds of the initialexpansion cost, is expected to require between $15 million and $20 million; (2)to purchase capital equipment required for further expansion of its Midland,Michigan string factory; and (3) for general corporate purposes, includingworking capital and possible payments to its Sovello joint venture (or Sovello`slenders) that may be required under certain circumstances Piper Jaffray & Co is acting as sole underwriter for the offering. The offering will be made under Evergreen Solar`s effective shelf registrationstatement filed with the Securities and Exchange Commission (“SEC”). EvergreenSolar intends to file with the SEC a preliminary prospectus supplement for theoffering to which this communication relates. Prospective investors should readthe preliminary prospectus supplement and the shelf registration statement formore complete information about Evergreen Solar and the offering. Copies of thepreliminary prospectus supplement and the accompanying prospectus and, whenavailable, copies of the final prospectus supplement may be obtained by visitingEDGAR on the SEC`s Web site at http:// and from Piper Jaffray & Co.,Prospectus Department, 800 Nicollet Mall, Suite 800, Minneapolis, MN, 55402,telephone: 612-303-8290 or email: .

