in News Departments > New & Noteworthy
print the content item

Valmont Industries Inc. - a manufacturer of engineered products for infrastructure and mechanized irrigation equipment for agriculture, and a provider of coating services - has announced that it has acquired wind turbine tower manufacturer Katana Summit's 300,000 square-foot Columbus, Neb., manufacturing facility.

In September, Katana Summit said that due to federal policy uncertainty, the company would close the Columbus factory, as well as its Ephrata, Wash., facility, if it was unable to find a buyer for those operations. The company did not respond to requests for comment.

Valmont says it intends to repurpose the facility for the manufacture of steel transmission structures for the utility industry.

“The addition of the Columbus, Neb., facility will immediately provide needed incremental manufacturing capacity to serve our utility customers,” says Earl Foust, group president of Valmont’s Utility Support Structures division. “I expect when modifications are complete in 2014, the plant will have approximately $100 million in additional annual capacity.”

The specific terms of the acquisition were not disclosed.



Trachte Inc._id1770
Latest Top Stories

Utility-Scale Wind And Solar Keep Getting Cheaper

A new study measures the levelized cost of energy from various technologies and suggests that the costs of utility-scale wind and solar power are catching up with those of traditional sources, even without subsidies.


The Song Remains The Same: Ontario Seeks More Science Before Lifting Offshore Ban

The Ontario government says the nearly four-year-old offshore wind moratorium will remain in place until the province fully understands the technology’s impact on the environment.


Why States Should Adopt A Renewable Portfolio Standard

A new study analyzes the potential benefits of state renewable energy mandates, as well as recommends what such policies should include.


Sen. Reid Vows To Bring Wind PTC To A Vote By Year's End

Nevada's senior senator provides some encouragement to wind industry advocates during his annual Clean Energy Summit.


Steadily, Wind Turbine OEMs Resume R&D Investment

An increased commitment to research and development will likely lead to wind energy innovation - not to mention a likely increase in patent-protected technology.

Canwea_id1984
Renewable NRG_id1934
Future Energy_id2008
UnitedEquip_id1995