Wind Factory Making Blades To Close Shop In Aberdeen, SD -- Can't Make It Without Tax Credits -- December 6, 2017

A reader sent me the link to the article. My reply:

Wow, I feel bad for the workers. That's really tough. That's a lot of folks employed making blades. But it's sad that the industry needs tax credits to make the numbers work.

Here's the story, data points:

• Aberdeen, SD
• Molded Fiber Glass, since 2008
• has been making 187 foot blades for General Electric
• General Electric was the company’s only client and [GE plans] to work with LM Wind Power, a company [GE} purchased in October 2016 for $1.65 billion, to make the blades
• also affecting the shutdown was the phasing out of the renewable electricity production tax credit given to companies that manufacture for the wind energy industry
• but there is hope: three other companies looking at the location (I assume for manufacturing)