Wind turbine maker Vestas announces layoffs at Colorado plant

Vestas, the wind turbine maker that maintains manufacturing plants in Colorado, plans to announce Thursday changes that could include job cuts, according to published reports.

Analysts predict that Vestas will lay off thousands of workers, though many could come from its operations in Denmark, Bloomberg News reported.

Vestas operates factories in Windsor, Brighton and Pueblo. At least one analyst believes Colorado operations may be spared because of strong demand before tax credits tied to wind power terminate at the end of the year. Vestas has invested more than $1 billion in the construction of its Colorado plants.

Vestas representatives did not immediately return phone calls and emails requesting comment on how organizational changes could affect Colorado facilities.

Vestas plays a key role in the town's economy, said Clay Drake, president of the Windsor Chamber of Commerce. Vestas employed about 750 at its Windsor plant as of August.

He could not comment specifically on the implications of the company's upcoming announcement.

"I had no idea that was coming, so I can't really comment on how that will affect the Windsor plant - I don't know," he said.

Source: NCBR