First it was solar power companies laying off employees, and now wind power manufacturers are following suit. You can blame the economic downturn and credit crunch.
Earlier this month, Fargo, N.D.-based wind tower maker DMI Industries
announced it would cut about 20 percent of its workforce
at its North Dakota, Oklahoma and Ontario factories. The company said it now expects 2009 demand to be 25 percent to 35 percent lower than in 2008 — a sharp turnaround from expectations of an even better 2009 that led it to announce a big expansion
Danish windmill blade maker LM Glasfiber
is also feeling the crunch. Earlier this month it said it would cut 150 jobs
at its Little...