PTC Doubts Cause Blade And Nacelle Manufacturer To Lay Off 92 Employees

NAW Staff
by NAW Staff
on September 18, 2012 No Comments
Categories : New & Noteworthy

Citing the uncertainty surrounding the renewal of the wind energy production tax credit (PTC), South Dakota-based Molded Fiber Glass (MFG), a manufacturer of wind turbine blades and nacelles, cut 92 jobs at its Aberdeen, S.D., facility last week, Aberdeen News reports.

The company told Aberdeen News that the layoffs were necessary due to a downturn in orders resulting from the lack of a PTC extension. According to the report, GE was MFG's largest customer, and had been cutting back on its orders.

MFG joins many other companies in the wind energy supply chain that have recently announced layoffs due to PTC uncertainty.

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