TPI and GE Announce New Wind Turbine Production Facility

In order to reinforce its capability to meet the growing global demand for wind turbines, GE Energy has signed an agreement with TPI Composites to build a new 316,000 square foot facility in Newton, Iowa.

The new facility will create approximately 500 new jobs and will expand TPI’s capacity to produce blades for GE’s 1.5- megawatt wind turbines. With this expansion, the company will reach an estimated 1.1 million square feet of manufacturing space in 2008. Iowa Governor Chet Culver welcomed the opening in an announcement in Newton.

“Today is a great day for Newton, and a great day for Iowa. We applaud TPI and GE for bringing these new jobs to Newton. As Governor, my goal is to take full advantage of Iowa’s natural resources, along with our incredible manufacturing base and workforce, to make Iowa the renewable energy capital of the nation,” Governor Culver said. “With this announcement, we will build upon Iowa’s leadership in wind energy, remain a critical player in the race to produce clean, renewable electricity, and help ensure the future success of this vibrant Iowa community.”
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