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Vestas, in a brief statement, announced plans on Monday to reduce their workforce at the Pueblo plant. Although they would not give a specific number, they estimated the layoffs would affect about 90 of the plants workers. The plant employs about 450 people.
Vestas laid the blame at the feet of Congress who have not extended a wind energy tax credit set to expire this year. “Uncertainty over whether Congress will extend the Production Tax Credit is leading to a general market slowdown,” Vestas spokesman Andrew Longeteig said.
The layoffs at the Pueblo plant represent about three percent of the Vestas workforce in the United States and Canada. That total is around 3000 workers.
The plant serves customers in North America. Plants located in Northern Colorado were not addressed in the press release. It was also not addressed if Pueblo could suffer other layoffs.
Vestas indicated earlier (as reported in the View last week) that while orders were up year to date over last year, profits were down. They will release the official second quarter report next week from the home office in Denmark.