Friday, June 28, 2013

Another Wind Turbine Manufacturer Closing Its Doors

The AP is reporting:
A $40 million wind turbine factory in northeast Arkansas that opened in 2010 with plans to employ more than 700 people announced Friday it would end production and lay off 40 workers. 
Germany-based Nordex SE, parent company of Nordex USA, said the company had not received enough orders due to an uncertain U.S. market, overcapacity in the industry and an unstable outlook for a federal tax production credit. 
The company said factory workers would be let go after existing orders have been filled. The layoffs are expected to start in October. 
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On my cross-country trip from Boston to Dallas, I mentioned that I loved traveling among the thousands of trucks. Literally thousands. Always an awesome sight. Among those thousands there were exactly two carrying wind turbine blades. One truck each carrying one blade. Two trucks. That was about the extent of all the jobs being created by the wind industry. 

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