Not so mighty wind | Arkansas Blog

Monday, June 8, 2009

Not so mighty wind

Posted By on Mon, Jun 8, 2009 at 9:13 AM

LM Glasfibers, the new plant making blades for wind turbines in Little Rock, is laying off more than 20 percent of its workforce on account of a reduction in demand for the product.

Or, as they put it, "adjusting its capacity in Little Rock as a result of timetable delays in wind energy projects in North America."

NEWS RELEASE

LM Glasfiber, the world¹s leading manufacturer of blades for wind turbines,
is adjusting its capacity in Little Rock as a result of timetable delays in
wind energy projects in North America.

"We continue to see the timing of domestic wind projects being pushed back
due to the credit markets and world economic conditions.  While the outlook
for the future of sustainable wind energy is very bright, the short-term
impact requires us to eliminate the weekend shift at our Little Rock Port
facility," said Randy Fox, Vice President General Manager, North America for
LM Glasfiber.  "We are optimistic about an expected upswing in 2010 and
2011."

The Port facility will operate a 24/5 schedule meeting current customer
demand.  The total number of job reductions in Little Rock is estimated to
be about 80, with the company still employing 300 in Arkansas.  The
transition will begin in approximately 60 days.

"While it is never easy to say goodbye to good people, LM Glasfiber needs to
remain a competitive supplier to the wind industry and respond to changes in
the market in order to secure the future growth of our company worldwide, as
well as in Little Rock." Fox said.  "Our Little Rock operation is key for
our North American operations and will be prepared to ramp up when growth
returns to the wind market."

 

LM Glasfiber is the world¹s leading supplier of wind turbines.  The Group
has more than 6,000 employees in nine countries, and our highly specialized
R&D organization provides us with the most comprehensive industry know-how
on the development of rotor blades. With manufacturing facilities in
Denmark, Spain, the USA, Canada, India and China, LM Glasfiber is located in
or close to the key geographic markets for wind energy.  Additional
information is available at our web site:

From the ArkTimes store

Favorite

Comments (3)

Showing 1-3 of 3

Add a comment

 
Subscribe to this thread:
Showing 1-3 of 3

Add a comment

More by Max Brantley

Readers also liked…

  • IHOP coming down, but .....

    I always scan the Little Rock City Board for items of interest this week and this one caught my eye: A zoning measure required by a proposal to tear down the IHOP at Markham and University.
    • Apr 30, 2016
  • City Board votes to table homeless feeding ordinance for 8 weeks, study with commission

    The Little Rock Board of Directors voted tonight to table for eight weeks an ordinance that homeless advocates say would severely limit the ability of charities to feed homeless people in city parks. Before the ordinance was punted, Vice Mayor Kathy Webb proposed a nine-member commission to study the issue and make recommendations to the board.
    • May 16, 2017
  • Kenneth Starr: A comment from Betsey Wright

    Betsey Wright, former President Bill Clinton's chief of staff when he was Arkansas governor, responds bitterly to a New York Times article today quoting Whitewater Prosecutor Kenneth Starr's warm words about Clinton. She can't forget the lives Starr ruined in Arkansas.
    • May 24, 2016

Most Shared

Most Viewed

Most Recent Comments

Blogroll

 

© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation