To: Snowshoe who wrote (1224 ) 2/8/2005 10:29:13 AM From: gg cox Respond to of 16955 Chattanooga, Tenn., lands maker of wind turbine towers -------------------------------------------------------------------------------- Feb 4, 2005 - Chattanooga Times/Free Press, Tenn. Author(s): Mike Pare -------------------------------------------------------------------------------- Feb. 4--Chattanooga beat out cities in Wisconsin, Pennsylvania and Kansas to land a new manufacturer that will build towers for wind turbines, officials said Thursday. Aerisyn LLC plans to invest more than $7 million and employ up to 150 people in three years as it ramps up what company officials said is the first automated wind-tower production site in North America. Marlin Laidlaw, the company's president, said Aerisyn will lease 155,000 square feet in the Alstom Corp. facility at West 19th Street near the Tennessee River. The company, which plans to start operations in June, has an option to expand to 250,000 square feet. Mr. Laidlaw said the business will create 75 jobs and build up to 200 towers during its first year. Wages will run from $12 to $25 per hour, he said. Hamilton County Mayor Claude Ramsey said all the pieces fell together to land the company. "These are the kinds of jobs we're talking about when we talk about the future of manufacturing," he said. Wind turbines offer a clean and renewable source of electric power, and the demand is growing, according to the company. Officials said wind generation capacity was installed to power over 600,000 homes in the United States from 2002 to 2004. Mr. Laidlaw said Aerisyn will make ancillary products in addition to the towers. He said the firm may move into the production of components in the future. Matt Kisber, Tennessee's commissioner for economic and community development, said the state will offer job training help and tax credits. "We'll sit down with their management team and help defray costs," he said. Trevor Hamilton, the Chattanooga Area Chamber of Commerce's vice president of economic development, said a local incentive package will feature a five-year tax break on equipment. The tax savings will start at 100 percent the first year and decrease to 50 percent the last two years, he said. The Chattanooga plant will be the company's first production facility, said Mr. Laidlaw. Its access to the river, rail and the interstate was key, said the head of the company whose investors are from Wisconsin. Tom Kale Jr. of NAI Charter Real Estate Corp., which helped locate the Alstom building, said finding a facility that can house a 300-foot tower is rare. He said the Alstom site has 1,000-foot-long bays and an 800-ton crane. Chattanooga Mayor Bob Corker said the city is focusing on its location within the Tennessee Valley Technology Corridor, and the recruitment of Aerisyn is "an indicator our efforts are paying off." Joe Ferguson, who directs the city's Enterprise Center, said Aerisyn will work with the University of Tennessee at Chattanooga's Sim Center, which does research in computational engineering. Mr. Laidlaw said the company is talking to the Tennessee Valley Authority, which may expand its use of wind power if more consumers sign up to pay premium rates for renewable energy under the Green Power Switch program. powermarketers.netcontentinc.net