Vestas says Pueblo factory part of recovery plan
Last Updated: 67 days ago
PUEBLO, Colo. - Vestas Wind Systems is putting some of its factories up for sale, but officials said Wednesday their converted tower factory in Pueblo is still part of their recovery plan.
Vestas spokesman Andrew Longeteig said in a statement Wednesday there are a number of manufacturing facilities up for sale, but they aren't going to be identified until negotiations are completed.
Longeteig said the Pueblo tower factory is still ramping up to meet market demand and hiring more than 100 people by the end of March. He said the plan is to share production capacity, including a recent contract to manufacture towers for a third party at the Pueblo facility.
Longeteig says the plant sales are part of Vestas' turnaround plan aimed at selling some assets and increasing manufacturing flexibility.
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