Friday, November 09, 2012

Colo. wind turbine plant cuts jobs

Vestas Wind Systems A/S wants to sell a stake of as much as 20 percent and will be cutting another 3,000 jobs. "We do not yet know which locations globally will be affected," Andrew Longeteig, company spokesman, said in a statement. The manufacturing workforce at Vestas's four Colorado factories has been slashed to about 1,200 this year from 1,700. Ditlev Engel, Vestas' chief executive officer, said he's bracing for a drop in U.S. orders next year as a wind power tax credit expires...more

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