Thursday, September 27, 2012

Another Wind Turbine Manufacturer In North Dakota Laying Off Employees

Updates

October 3, 2012: LM wind power is taking its ball and going to a new field. Data points:
  • the 300 jobs lost in North Dakota will be moved to Brazil, new factory
  • wind farms in South America will start getting turbine blades in about a year
  • the company says there is a strong growth in wind power in South America; just the opposite in North America
Original Post

Link here to The Bismarck Tribune. Data points:
  • LM Wind Power, Grand Forks, ND; company based in Denmark; a facility in GF since 1998
  • layoff will affect 200 full-time, 130 temporary
  • 270 people will still be employed; in 2007: 900 workers in the Grand Forks facility
  • LM Wind Power says demand for new wind power development in the US will likely drop 70% in 2013
Things could change overnight if federal tax credit, which expires at end of year, is extended.

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