Friday, August 15, 2008

Wind Power Factory Watch: Colorado

Given the growing stagnation in the U.S. economy (inflation increasing, wages slipping, unemployment growing), it's great to see the wind power industry continuing to boom and add new manufacturing jobs. The latest announcement comes from Vestas, which said today that it will build two new factories in Colorado that will support 1,350 new jobs.

Folks, the writing is on the wall: wind power means new U.S. manufacturing jobs. With the dollar weak, transportation costs soaring due to high oil prices, and most of all, the fact that the U.S. is likely to be the world's premier market for wind, no company that aspires to be a player in the global wind energy business can afford not to be making products here.

Regards,
Tom

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