GE Planning to Build Wind-Turbine Production Facility in Brazil

General Electric Co. (GE), whose equipment generates more than a quarter of the world’s power, will build a 45 million-real ($24.2 million) wind-turbine factory in Brazil’s northeastern state of Bahia, Valor Economico reported.

The facility will be able produce 200 turbines a year when it goes into operation in the middle of 2013 and may be expanded, Marcelo Soares, president of the company’s Latin American energy unit, said in an article in the Sao Paulo-based newspaper today.

To contact the reporter on this story: Stephan Nielsen in Sao Paulo at snielsen8@bloomberg.net

To contact the editor responsible for this story: Will Wade at wwade4@bloomberg.net

• LinkedIn
• Google +1
• Print
• QUEUE