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VESTAS REDUCES WORKFORCE AT TWO COLORADO BLADE FACTORIES

     (The following statement from Vestas Wind Systems was received by e-mail 
and was reformatted. The sender verified the statement.) 
FOR IMMEDIATE USE
Oct. 11, 2012 
Statement from Vestas                                                            
Vestas has experienced its busiest year ever in the U.S. and Canada by 
supplying wind turbines to more than 20 new wind power projects. Additionally, 
Vestas' factories are filling export orders for customers in Canada, Mexico, 
and Central and South America. However, the U.S. wind industry has slowed, 
largely due to the uncertainty of the federal Production Tax Credit extension 
at the end 2012. This has led to a significant reduction in turbine orders for 
2013, and the market slowdown is affecting Vestas' manufacturing facilities in 
Colorado.                                                                        
As a result, this week Vestas reduced its manufacturing workforce at two blade 
factories in Colorado. This workforce reduction includes employees at Vestas' 
Brighton and Windsor facilities. This is a difficult decision because we must 
part with many dedicated and talented people in Colorado who have helped make 
Vestas the global leader in wind energy. 
Overall, about 18 percent of Vestas' entire Colorado manufacturing workforce 
was affected this week at its two blade factories. In 2012, Vestas' 
manufacturing workforce in Colorado has decreased from more than 1,700 to about 
1,200 people at four factories, which includes attrition, relocations and 
reductions. 
Vestas made a big investment in Colorado to establish a regional manufacturing 
presence that created many American jobs during an economic recession. Vestas' 
four Colorado factories will continue to manufacture wind turbine components 
for the U.S. market, as well as export to Canada and Latin America. 
Vestas has adopted a flexible business strategy in the U.S. and Canada during a 
period of changing market dynamics in the wind industry. Vestas will continue 
to scale up or down depending on business needs and market demands. Although 
Vestas added many jobs in service and construction to meet customer and market 
demands this year, overall the company reduced its workforce in the U.S. and 
Canada by about 20 percent in 2012 - from more than 3,400 employees to about 
2,600 today. Affected positions in 2012 include those in manufacturing, sales, 
service, supply chain, and research and development.                             
Windsor, Brighton and the entire state of Colorado remain a tremendous state in 
which to do business. Vestas is proud to employ Americans and make products 
here in the U.S. 
Vestas has been in the U.S. market for more than 30 years and intends to be 
here for the long haul. 
(kgt)NY 
 
 
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