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Vestas drops Sheerness plant after lack of orders
Danish wind turbine maker Vestas Wind Systems has dropped plans to build a factory in Britain after no orders were been signed for the turbines that were to be produced there, dealing a blow to the country's wind energy sector.
June 22, 2012
by Mette Fraende and Oleg Vukmanovic
in Reuters
* Says factory was conditional on firm orders
* Plant would have created 2,000 jobs
* Minister says decision will hit local economy
* Shares fall 2.8 percent
COPENHAGEN/LONDON - Danish wind turbine maker Vestas Wind Systems has dropped plans to build a factory in Britain after no orders were been signed for the turbines that were to be produced there, dealing a blow to the country's wind energy sector.
Vestas said in a statement it would not proceed with plans to build the factory at the port of Sheerness, which would have created 2,000 direct and indirect jobs in the area, but... [continue via Web link]
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