Nordex To Return $2.5 Million In Incentives For Shuttered Arkansas Plant

NAW Staff, Wednesday 04 September 2013 - 13:16:22

Nordex USA Inc., the U.S. arm of German wind turbine maker Nordex SE, is repaying about $2.5 million in incentives after recently announcing plans to cease production at its nacelle plant in Jonesboro, Ark.

According to an AP report hosted on The Wichita Eagle, Nordex will return $2.31 million to the State of Arkansas and $204,814 to the City of Jonesboro, funds the manufacturer had received for the production facility.

In June, Nordex announced plans to end all U.S. production and, therefore, close the Jonesboro plant and lay off about 40 workers at the facility beginning in October. The company cited weakened demand and policy uncertainty in the U.S. Nordex will continue supplying the North and Latin American markets from its factory in Germany.







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