By Bill Opalka
Vestas has cut staff at two Colorado blade factories, citing low demand for new wind equipment in 2013 as the federal production tax credit expires at the end of the year.
With the approaching deadline to renew the production tax credit fast approaching, the same types of lay-offs could occur at other wind-related businesses, says the American Energy Association. It is asking U.S. lawmakers to bridge their differences and realize that jobs are stake. Opponents of the tax credit, however, say that it cost too much and that free market forces should take over.
Last week Vestas reduced its manufacturing workforce at the Brighton and Windsor facilities.
If you’d like to discuss energy topis, contact Court Rich, crich@roselawgroup.com
