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California's Power-One Creating 350 Jobs in Phoenix, Arizona

Power-One, a maker of electrical components for solar power systems based in Camarillo, California, is investing $6 million to build its first American production plant in Phoenix, Arizona, the Arizona Republic reports. The project will create 350 jobs.

"We are planning to hire most of the employees locally," said Alex Levran, president of the Renewable Energy Solutions division at Power-One.

The facility will qualify for financial incentives the state extends to renewable energy equipment factories.

Power-One will work on the project with Arizona State University, which helped attracted the company to Phoenix. The plant will be fully operational by the middle of 2011.

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