Wind

LM Glasfiber to cut 900 jobs at European factories

LM Glasfiber to cut 900 jobs at European factories

LM Glasfiber, the Danish maker of rotor blades for wind turbines, announced it will slash as many as 900 jobs at its manufacturing facilities in Denmark and Spain. The company explains that it can no longer remain competitive without shifting the bulk of its production to Asia.

Some 700 of the job losses are set to come at two facilities in Denmark. Chief operating officer Iain Gow says the job cuts are motivated by increased competition across the wind industry and a steady shift in demand for turbines to markets outside Europe.

"We need to increase capacity where there is a high demand and high potential, and scale down where demand has dropped due to the global crisis – which is, sadly, the case in Europe,” Gow says.

“Unfortunately, this means announcing plans to phase out large scale manufacturing at two factories in Denmark and one in Spain,” he says. “However, it is a necessary step to allow us to remain the preferred partner for wind turbine manufacturers in the global marketplace.”

In March 2009 the company announced it would lay off 725 employees, hanging much of the blame on the financial crisis.

The company says it will continue producing 61.5-metre blades intended for the offshore wind market in Denmark. It also intends to establish a new research centre in Denmark that will house 200 engineers and other professionals.

Published: Friday, November 20 2009 | Last updated: Wednesday, November 25 2009

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