in News Departments > New & Noteworthy
print the content item

Policy uncertainty is continuing to wreak havoc on the U.S. wind energy supply chain as yet another round of layoffs has been announced: LM Wind Power has eliminated 345 positions at its Grand Forks, N.D., blade manufacturing facility.

The layoffs include 200 full-time production workers, 15 administrative staff and 130 temporary workers, LM Wind Power said. The reductions in North Dakota are in addition to the 200+ layoffs that the company announced just last month for its Little Rock, Ark., facility.

As has been the case with many waves of layoffs announced throughout the industry over the past few months, the company cited slowing demand and the uncertainty surrounding the wind energy production tax credit (PTC) as the reasons for the workforce reductions.

According to LM Wind Power, U.S. demand is likely to fall 70% from 8.5 GW to 2.5 GW in 2013 - even if the PTC is renewed early next year.

“We have been compelled to make adjustments, but our headcount and capacity reductions are significantly less than the market decline at this stage,” the company said in a statement. “LM Wind Power will continue to retain a strong commercial, manufacturing and service presence in the Americas region, with over 740 employees at four strategic locations across Arkansas, North Dakota, Illinois and Texas.

“We are working closely with our customers and we are positive about the future, but will continue to have to reassess as long as the PTC remains in question,” the company added.



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.

Renewable NRG_id1934
Canwea_id1984
UnitedEquip_id1995
Future Energy_id2008