Siemens To Shut Canadian Wind Turbine Plant
JULY 18, 2017
By Paul Homewood
h/t Francis Bowkett
So much for all of these green jobs promised.
News from BNN:
TILLSONBURG, Ont. – Hundreds of people will be losing their jobs in Tillsonburg, Ont., after a major international company announced the closure of a factory manufacturing wind turbine blades.
Siemens Wind Power Ltd. has announced the factory that employed 340 workers is not large enough to build the sorts of bigger turbine blades the company needs to stay competitive in an increasingly challenging market.
Although the factory won’t be fully closed until early 2018, the majority of staff will feel the effects right away
Siemens says 206 staff are out of work effective immediately, with the rest being phased out over the rest of the year.
The company says it will provide career counselling and job placement support for all employees.
Siemens described the decision as a difficult one, but said the plant was simply not viable given drastic shifts in the demands and profitability of the industry.
bnn.ca
Despite massive subsidies for wind power, companies like Siemens are still struggling to make a profit.
As with much else, the business, and the jobs, are increasingly heading to China.
[ The Paris Accords are designed make sure business and jobs keep going to China and other developing nations. The US has given $1B and pledged $2B more (thank you, Obama) to the Green Climate Fund. Developed nations are supposed to agree to give up to $100B per year to the fund which is supposed to be spent on "climate action" and investment in green energy in the developing nations (two of whom, India and China are the top polluters on earth. Trump was right to announce his intention to drop out and he should never even think of re-entering this horrible agreement. ]
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