Denmark's Vestas Wind Systems, the world's largest wind turbine manufacturer, has announced in a press release that it plans to consolidate its presence in Portland, Oregon by building a new headquarters for Vestas Americas, the company’s business unit in North America.
Vestas Americas has been headquartered in the Beaver State since 2002. Vestas’ regional IT centers and its Business Academy training facility is also located there. The exact location of the new HQ has not yet been decided, the company says.
Jens Søby, president of Vestas Americas A/S says in the press release: “Portland has a lot to offer companies like Vestas. It provides access to a highly qualified workforce in a renewable-energy focused environment, and allows us to be close to a number of our North American customers also based in Portland.”
Ted Kulongoski, Governor of the State of Oregon, commented on the importance of continuing to grow the state's position as a leader in renewable energy industries in order to be well positioned when global economic conditions improve again. "The decision by Vestas to expand in Oregon is an incredibly exciting opportunity for us. We look forward to working closely with them to ensure their long-term success in the wind energy market,” he said.
Vestas Americas employs over 1,000 people in the US and Canada, of whom 300 are based in Portland.
Vestas is headquartered in Randers, Jutland, and employs 17,000 people worldwide. The company has installed more than 35,000 wind turbines in 63 countries on five continents, and has a 23% share of the world market. In H1 2008, Vestas increased its net profit by 44% to EUR 98m (USD 123m). The company's forecast for 2008 is a 25% worldwide market share and a turnover of EUR 5,700m (USD 7,152m).
Vestas has production facilities in Denmark, Germany, China, India, Italy, UK, Spain, Sweden, Norway, Australia and USA, and has planned or operational research facilities in Denmark, Singapore, India (Chennai), USA (Houston) and UK (Isle of Wight).