in News Departments > New & Noteworthy
print the content item

Wind turbine blade manufacturer LM Wind Power has announced that it is laying off 94 employees and 140 temporary workers at its Little Rock, Ark., manufacturing facility.

The company cited the U.S. government's failure to extend the wind energy production tax credit (PTC) as the reason for the layoffs.

"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 1,100 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.

Bill Burga, LM Wind Power’s head of manufacturing for the Americas, noted that LM Wind Power is not the only company that is already seeing the effects of a possible PTC expiration.

“The challenging situation in the U.S. wind market is not specific to LM Wind Power or to the Little Rock manufacturing facilities - the whole sector is affected,” he said in a statement. “As always, our first concern is protecting the long-term viability of our operations and the jobs they support.”

LM Wind Power is not the first wind energy company to issue layoffs in the U.S. as a result of a possible PTC lapse.

Last month, Gamesa announced it was laying off 165 workers at its Pennsylvania nacelle and blade manufacturing facilities, and in May, Vestas said it would make a decision this quarter on whether to lay off 1,600 U.S. employees.


Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Canadian Wind Industry Urges For More Federal Support

The Canadian Wind Energy Association says the country's federal government, once a big industry supporter, should again back wind power.


Wind And Solar Helped California Grid During Challenging Summer

According to the California Independent System Operator, the state suffered from heat waves and drought this year, and wind power played a "significant role" in keeping the lights on.


Recapping The Wind Industry's Third-Quarter Deals

Mercom Capital Group recaps investment and merger and acquisition activity during July, August and September.


Yearly Installed Capacity Figures Already Beat 2013 Numbers, More Wind On The Way: AWEA

While the American Wind Energy Association (AWEA) lobbies Congress to extend the production tax credit, the association notes wind projects now under construction signal a vibrant 2015.


Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.

Hybrid Energy Innovations 2015
Canwea_id1984
Renewable NRG_id1934
BG 2015DblBox_id2032