Vestas To Lay Off 20 Percent of Pueblo Workforce

Wind manufacturer Vestas said on Aug. 13 that it plans to lay off 20 percent of the 450 workers at a tower factory in Pueblo, Colo. The company blames a weak market caused by the looming expiration of the production tax credit (PTC).

Vestas employs 1,700 of the 5,000 wind sector jobs in Colorado. The company’s statement on the Pueblo layoffs made no mention of dismissals at the company’s three other Colorado plants in Windsor and Brighton, which make blades and turbines.

On Aug. 9, President Barack Obama visited the Pueblo facility, pushing for an extension of the PTC. Vestas CEO Ditlev Engel told The Denver Post earlier this year that the company may be forced to lay off 1,600 employees in Colorado if the PTC isn’t extended.

This article was reprinted with permission from Power Engineering magazine as part of the PennWell Corporation Renewable Energy World Network and may not be reproduced without express written permission from the publisher.

Lead image: Layoffs via Shutterstock

Previous articleObama Spars With Romney on Energy in Swing State Pitches
Next articleCommittee Holds Field Hearing for Hydropower Legislation

No posts to display