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NRG Systems implements second round of layoffs
Abby White, manager of corporate communications, said the layoffs were in response to a wind industry that is in "dire straits" because of uncertainty surrounding a production tax credit stalled in Congress. The tax credit, which goes to wind farm developers based on their production of electricity, expires at the end of the year.
July 18, 2012
by Dan D'Ambrosio
in Burlington Free Press
Wind measurement company says its trying to weather the storm of an industry on hold
NRG Systems in Hinesburg laid off 12 workers Monday, that follows a round of 18 layoffs in May, according to a spokesperson.
Abby White, manager of corporate communications, said the layoffs were in response to a wind industry that is in "dire straits" because of uncertainty surrounding a production tax credit stalled in Congress. The tax credit, which goes to wind farm developers based on their production of electricity, expires at the end of the year.
"With so much uncertainty, developers are not investing," White said. "All... [continue via Web link]
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