Vestas cuts additional jobs in Colorado

Vestas, a Denmark-based wind turbine manufacturer, has announced that it will cut 75 jobs in addition to the 1,400 layoffs worldwide that were announced in August. The layoffs will affect workers at its blade factory in Brighton, Colo., according to The Denver Post.

Vestas has already cut 30 jobs at Brighton and 90 jobs at its tower factory in Pueblo, Colo.

In 2013, Vestas expects its shipped order volume to decrease to 5 GW thanks to the possible expiration of the production tax credit. However, the company booked 945 MW of new orders in the 2Q, but it posted a net loss of EUR 8 million ($9.9 million) in 2Q 2012, down from a net profit of EUR 55 million ($68.6 million) in the previous year.

Read more personnel and staffing news

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...