Library filed under General from Arkansas

Wind turbine maker issued cease and desist order in Arkansas

The securities commission says Dragonfly sold three investment contracts that were not registered; that Davis failed to tell investors he was convicted in 2009 in Oklahoma of wire fraud and money laundering; and that he told investors a $10 million federal grant was imminent when the U.S. Department of Energy had previously said the project was unlikely to receive the grant.
19 Aug 2016

Firm drops wind-farm plan after annexation-repeal vote

The company that pushed to build a wind farm west of Springdale for more than a year is canceling the controversial project following the results of a special election Tuesday. About 760 voters in the small town of Elm Springs decided by a roughly 2-1 margin to repeal last year’s annexation of the proposed project’s site, according to the unofficial results. The vote returned 312 acres and jurisdiction over the project to Washington County.
3 Mar 2016

Elm Springs wind farm promoters pull back

Elite Energy on Dec. 14 withdrew its request to rezone about 300 acres for industrial use for the project, its first procedural speed bump. That postponed the question-and-answer session indefinitely. Douthit said Dragonfly has received residents' emailed questions, and he still expects the company to give answers, perhaps when the project comes before town officials again.
23 Dec 2015

2nd wind-farm figure has hot-check record

A second person involved in the bid to build Arkansas' first wind farm west of Springdale has a history of legal troubles involving money, according to Arkansas and Oklahoma court records and other documents. Cody Fell, 47, who has been a spokesman for Dragonfly Industries International, has owed hundreds of thousands of dollars in foreclosure cases in Washington County and in Oklahoma, court records show. ...Jody Davis, Dragonfly's chief executive officer, had previously acknowledged spending time in prison.
22 Nov 2015

2nd wind-farm figure has hot-check record

A second person involved in the bid to build Arkansas' first wind farm west of Springdale has a history of legal troubles involving money, according to Arkansas and Oklahoma court records and other documents. Cody Fell, 47, who has been a spokesman for Dragonfly Industries International, has owed hundreds of thousands of dollars in foreclosure cases in Washington County and in Oklahoma, court records show. ...Jody Davis, Dragonfly's chief executive officer, had previously acknowledged spending time in prison.
21 Nov 2015

Washington County clears wind developer's proposal to join town

A proposed wind farm project west of Springdale cleared its first official hurdle Friday after the Washington County judge filed an order allowing the project site to be annexed into a nearby town. The company hopes to build dozens of turbines for the state's first wind farm and supply several megawatts of power to the area. Its proposal has stoked intense opposition from neighbors and Elm Springs residents who fear it could affect safety and property values.
20 Jun 2015

Mitsubishi files antitrust suit against GE

Mitsubishi filed an antitrust lawsuit Thursday against General Electric Co., accusing the company of monopolizing part of the wind-turbine market and making "baseless" patent-infringement claims against Mitsubishi to gain a competitive edge. The suit was filed in federal court in Arkansas, where Mitsubishi plans a $100 million wind turbine manufacturing plant.
20 May 2010

Wind farm generates pros and cons

TradeWind Energy of Lenexa, Kansas, has plans to build a wind farm near Marshall. According to company officials, the Star Mountain Wind Project will provide a cheap, clean source of electricity for thousands of homes and provide a much-needed economic shot in the arm for Searcy County. ...Joe McShane, who lives on Little Red River Road about a mile from both assessment towers, is not one of the gung-ho residents when it comes to the wind farms.
20 Apr 2010

USITC Threatens Proposed Mitsubishi Plant

Mitsubishi Power Systems announced it would bring 400 new jobs to Fort Smith with a new, $100-million wind turbine plant, but the U.S. International Trade Commission may rule against the move. ...General Electric, Mitsubishi's top competitor, is trying to block the plant. Several area lawmakers are asking the trade commission to consider their plea for Mitsubishi.
19 Dec 2009

GE-Mitsubishi wind turbine fight threatens Arkansas

General Electric Co.'s effort to keep wind turbines made by Mitsubishi Heavy Industries Ltd. out of the U.S. may hinder Arkansas's plan to become the "Silicon Valley of wind manufacturing." The state has spent two years luring wind-related manufacturers, including Denmark's LM Glasfiber AS and Germany's Nordex AG. In October, Mitsubishi announced plans to build a $100 million wind-turbine assembly plant.
18 Dec 2009

Wind blade maker cutting 150 jobs in Little Rock

LM Glasfiber, a wind blade manufacturer, has announced that it will halt production at its facility on Scott Hamilton Drive in Little Rock, laying off about 150 workers. The company blames the nationwide credit crunch and delays in wind projects. A press release says the company is preparing for "weaker growth in the short term."
6 Jan 2009

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