To coincide with the publication on Tuesday of a fine set of annual accounts by Vestas Wind Systems, the company also released news that it is to build its first blade factory on American soil. The location Vestas has chosen is the Great Western Industrial Park in Windsor, Colorado. The 19,000 m2 new plant, which will create more than 400 new jobs in the municipality, is slated to come on-stream in early 2008, and will have a production capacity of around 1,200 blades per year.
The Governor of the State of Colorado, Bill Ritter, was quick to see the value of Vestas' decision in promoting Colorado's ambitions as a leader in renewable energy: "I’m extremely pleased Vestas will build its first North American manufacturing facility here in Colorado," he writes on his official website. "As the 11th windiest state in the country, we’re building a New Energy Economy that will create jobs, preserve our environment and protect our national security."
Wind energy is one of the world's fastest growing energy industries. President of Vestas Americas, Jens Søby commented that Vestas had installed more than 9,300 wind turbines in the USA and Canada since June last year, and that the market prospects continue to look promising. "Establishing blade production in Colorado is an important step forward in our strategy to grow our business in the North American market,” he said. The news was widely reported in the Danish press and on Vestas' website.
Vestas Wind Systems is the world's leading wind turbine manufacturer. The concern is headquartered in Randers, Jutland, and employs over 12,000 people worldwide. Vestas currently has production facilities in Denmark, Germany, China, India, Italy, UK, Spain, Sweden, Norway and Australia. In 2006, Vestas Wind Systems generated revenues of DKK 28.7 bn (USD 5.1 bn).