LM Wind Power Holding A/S, a maker of turbine blades for companies including Vestas Wind Systems A/S (VWS), said profit fell 41 percent last year when it cut 180 jobs making 3 percent of its staff and that it expects demand to weaken. Earnings before interest, taxes, depreciation and amortization fell to 73.9 million euros … Continue reading
A local wind turbine manufacturer that blew into Windsor with great fanfare is leaving. After two years in operations, the president of WindTronics said the provincial feed in tariff (FIT) program is not working for him, so he’s moving the business to Michigan. Michigan-based WindTronics produced small residential wind turbines. They are to be used … Continue reading