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Sunday, October 6, 2013
In August, Vestas announced a 26% year-over-year drop in revenue....
by NAW Staff Wednesday October 02 2013
Vestas is shuttering its nacelle assembly factory in Taranto, Italy. According to the company, 120 employees at the factory, including management, are expected to be affected.
The company says creating a leaner and more asset-light manufacturing organization is a key part of Vestas' ongoing turnaround plan, adapting to a slowdown in the wind power market in 2013 and expected slow growth in coming years.