ClearEdge gears up for potential IPO

Just $10 million. That’s all the CEO of ClearEdge Power told Senator Jeff Merkley that he needs to transform the Hillsboro fuel cell manufacturer into a billion dollar company. The CEO, Russ Ford, guided Merkley through the ClearEdge plant on Tuesday, showing him a wall ready to be torn down and an assembly line ready to be extended. The renovations could boost capacity from 1,500 units a year to more than 10,000.