Tagged: Lm Wind Power

GE to Buy LM Wind Power for $1.65B

GE to Buy LM Wind Power for $1.65B

General Electric of Boston said Tuesday that it will purchase LM Wind Power, the Denmark manufacturer and supplier of rotor blades to the wind industry, for $1.65 billion. read more >

Wind Power Still  Benefits Arkansas (Feedback)

Wind Power Still Benefits Arkansas (Feedback)

Opinion

While the state’s unlucky timing in launching its bid to become a wind component manufacturing hub hurt the prospects of large component manufacturers like Nordex and Mitsubishi, the growth of the wind power sector nationwide continues to benefit the Arkansas economy. read more >

AEDC: LM Wind Power Paid Back $3.4M in Incentives

AEDC: LM Wind Power Paid Back $3.4M in Incentives

Technology & Telecom

The Arkansas Economic Development Commission says Danish manufacturer LM Wind Power, which operates a plant in Little Rock, has repaid the state $3.4 million in incentives following a review that indicated the company had not met specified employment goals. read more >

Nordex Wind Turbine Plant to Stop Production in Jonesboro

Nordex Wind Turbine Plant to Stop Production in Jonesboro

A Jonesboro wind turbine factory that once projected having 750 employees is ending production, putting about 40 people out of work. Nordex USA says production will shift to Germany and attributed the move to overcapacity in the industry and the lack of a long-term federal production tax credit. read more >