Wind Factory Making Blades To Close Shop In Aberdeen, SD -- Can't Make It Without Tax Credits -- December 6, 2017 - Hallo friendsMY LIVE MY WAY, In the article you read this time with the title Wind Factory Making Blades To Close Shop In Aberdeen, SD -- Can't Make It Without Tax Credits -- December 6, 2017, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article my style, Article my way, Article New ways, Article their way, We write this you can understand. Alright, good read.

Title : Wind Factory Making Blades To Close Shop In Aberdeen, SD -- Can't Make It Without Tax Credits -- December 6, 2017
link : Wind Factory Making Blades To Close Shop In Aberdeen, SD -- Can't Make It Without Tax Credits -- December 6, 2017

Wind Factory Making Blades To Close Shop In Aberdeen, SD -- Can't Make It Without Tax Credits -- December 6, 2017

A reader sent me the link to the article. My reply:

Wow, I feel bad for the workers. That's really tough. That's a lot of folks employed making blades. But it's sad that the industry needs tax credits to make the numbers work.

 

Here's the story, data points:

• Aberdeen, SD
• Molded Fiber Glass, since 2008
• has been making 187 foot blades for General Electric
• General Electric was the company’s only client and [GE plans] to work with LM Wind Power, a company [GE} purchased in October 2016 for $1.65 billion, to make the blades
• also affecting the shutdown was the phasing out of the renewable electricity production tax credit given to companies that manufacture for the wind energy industry
• but there is hope: three other companies looking at the location (I assume for manufacturing)

http://ift.tt/2dZyQXu

Thus Article Wind Factory Making Blades To Close Shop In Aberdeen, SD -- Can't Make It Without Tax Credits -- December 6, 2017

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