The company sites changing market conditions, foreign competition, and proposed revisions to tax policies as reasons why they could no longer remain in business.
Many politicians promised that wind energy would translate into American jobs, but that is not looking like it is the case. Despite increasing investment in wind energy in the US, it appears most of those manufacturing jobs are going to China.
South Dakota rocked again as a wind turbine plant shuts its doors
https://www.msn.com/en-us/news/politics ... d=msedgntp
A question: Was this any great surprise?
Republican U.S. Sen. John Thune said that it is troubling that at a time when wind energy is seeing record investment that this growth is not translating to American jobs. It's especially hard for those working these good-paying jobs in Aberdeen to face uncertainty yet again. Thune criticized Biden's statement from his address to Congress — "There’s no reason, Biden said, "the blades for wind turbines can’t be built in Pittsburgh instead of Beijing." But Beijing is getting all the business. Bloomberg New Energy Finance recent ranking of global wind turbine manufacturers last year showed that 7 of the top 10 wind turbine manufacturers are Chinese companies.
John F. Kerry, the special presidential envoy for climate, had said only months ago that those losing fossil fuel jobs in coal and hydraulic fracturing will find they have a better choice in jobs in either the solar industry or as wind turbine technicians.
But now, a wind blade manufacturing plant located in Aberdeen, South Dakota has announced it is shutting its doors permanently in less than two months. The disappearance of Molded Fiber Glass will displace over three hundred workers and their families. It marks another major loss of energy jobs in the state, this coming after President Joe Biden's halting of the Keystone Pipeline.