Associated Press, Published October 03 2012
Grand Forks wind company creating 300 jobs in BrazilGRAND FORKS — A wind turbine blade manufacturer that said last week it is laying off 300 workers in Grand Forks has now announced it is creating 300 jobs at a new factory in Brazil.
LM Wind Power says the Brazil plant will deliver blades to wind farms throughout South America starting in about a year.
The Danish company tells the Grand Forks Herald that the moves are a response to strong growth in wind power development in South America and a weakening of the industry in the United States.
The future of a federal production tax credit in the U.S. that expires at year's end is uncertain. LM Wind Power says demand for new wind power development in the U.S. could drop 70 percent.
Copyright 2012 The Associated Press.