LM Wind Power To Expand In Brazil

Danish wind turbine blade manufacturer, LM Wind Power, announced on Tuesday (Oct. 2) that it will construct a new factory in Brazil and hire 300 workers initially.

The factory will be established in conjunction with LM Wind Power’s joint venture partner Eólice and will deliver blades to wind farms in Brazil and throughout South America.

The location for LM Wind Power’s first factory in Brazil will be in the port of Suape, near Recife in the State of Pernambuco, which has been developed for the manufacture of wind energy equipment and components.

The plant is expected to open in September 2013.

“A number of strategic customers have asked LM Wind Power, as the global market leader, to support their efforts in developing the market for wind energy in Brazil and throughout Latin America,” said Leo Schot, CEO of LM Wind Power. “We are pleased to make this announcement which confirms our commitment to our customers, so that they can use our technology and innovation to harness wind energy profitably and with maximum operational reliability. We are also very happy to be working with a professional and engaged partner in Eólice, which will handle the infrastructure side of the venture.”

LM Wind Power has a major operation in Little Rock, which has ramped up and scaled back production since opening in 2008.

Talk Business will update this story later today.