Siemens will close down its factory for small rotor blades in Engesvang, Denmark, by at the latest July and lay off all 430 employees there, the company told Recharge in a statement.
“The reasons behind this difficult decision are the significant changes that have taken place in the global wind power market during the past decade, since we acquired the Engesvang plant in 2006,” the company said.
“These
