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Clipper Windpower laying off 174 people companywide
Most of Clipper's employees - and layoffs - are believed to be in Cedar Rapids, where the company manufactures its Liberty wind turbines. The company declined to provide numbers specific to each of its locations. ...Layoffs have mounted in the wind industry even though there are still four months to go before the credit expires.
August 20, 2012
by Dave Dewitt and Dave Franzman
in KCRG.com
CEDAR RAPIDS - The wind industry downturn hit home in Cedar Rapids Monday when Clipper Windpower laid off 174 employees company wide.
The company confirmed Monday that it is reducing its total work force 32 percent from 550 to 376.
Most of Clipper's employees - and layoffs - are believed to be in Cedar Rapids, where the company manufactures its Liberty wind turbines. The company declined to provide numbers specific to each of its locations.
Demand for wind turbines, blades, towers and other equipment has fallen steeply in recent months due to the low price of natural gas and the impending expiration of... [continue via Web link]
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