Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Vestas Firing Workers at Second Colorado Wind-Turbine Plant

Vestas Wind Systems A/S, the world’s largest producer of wind turbines, fired about 30 workers at a factory in Brighton, Colorado, its second round of job cuts in the state since last week.

Vestas, based in Aarhus, Denmark, is cutting its workforce as the looming expiration in December of a federal tax credit slows demand for turbines in the U.S., Andrew Longeteig, a company spokesman, said today in an e-mail.

The company fired about 90 workers at a plant in Pueblo, Colorado, Aug. 13. It still has about 3,000 employees in the U.S. and Canada. Chief Executive Officer Ditlev Engel said in January that as many as 1,600 U.S. jobs are at risk if lawmakers don’t extend the production tax credit.

“We’re continuing to see Colorado’s economy pay the price for Congress’s inaction on the wind PTC,” Senator Michael Bennet, a Colorado Democrat, said in an e-mailed statement. “It’s costing us jobs.”

Mitt Romney, the presumptive Republican presidential nominee, has said he opposes extending the tax credit of 2.2 cents a kilowatt-hour for electricity produced by wind, biomass, geothermal and landfill-gas plants, while President Barack Obama is supporting it. The firings in Brighton were first reported by the Boulder County Business Report.

Vestas shares rose 5.6 percent to 33.94 kroner in Copenhagen today, the highest since June 1.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.