LM Wind Power To Lay Off 150 People In N.D.

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LM Wind Power has announced that it will lay off approximately 150 people at its Grand Forks, N.D., manufacturing facility.

The reduction in wind installations in the U.S. during 2010, combined with prolonged uncertainty this year around Government support for the renewable energy sector as a whole and permitting issues, has prompted these measures, according to the company.

‘We remain strongly committed to our North American operations, including our facility in Grand Forks,’ says Randy Fox, vice president for LM Wind Power North America.

While customer demand has dropped in the near term, the company remains confident about the overall outlook for wind energy and has been working to develop new blades to improve energy production for customers' wind turbines. These blades will be developed and available to the market in the latter half of this year, the company says.

SOURCE: LM Wind Power

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