Iowa wind turbine plant announces 407 layoffs
The Siemens wind turbine manufacturing plant — a major supplier to MidAmerican Energy Co. — said Tuesday it would layoff two-thirds of its workers at the Fort Madison plant.
The layoffs are prompted by sluggish orders due to uncertainty about whether Congress will extend a 2.2 cents-per-kilowatt-hour production tax credit before its Dec. 31 expiration, according to DesMoinesRegister.com.
The layoffs are prompted by sluggish orders due to uncertainty about whether Congress will extend a 2.2 cents-per-kilowatt-hour production tax credit before its Dec. 31 expiration, according to DesMoinesRegister.com.
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