Monday, November 20, 2006

Jobs blowing into North Dakota

This story is really exciting: Grand Forks, North Dakota, is seeing a job explosion in the wind energy sector. This city of 50,000 people is home to LM Glasfiber, a Danish wind turbine blade manufacturer. LM, the world's largest maker of turbine blades, can't train new employees fast enough to keep up with the demand for turbines blades, and soon the company is expected to be the largest manufacturer employer in Grand Forks.

One problem facing the company is the possible expiration of the production tax credit (PTC) for wind in 2007. But the Grand Forks Herald reports that the company says it's much better equipped and managed to handle the peaks and valleys that the uncertainty of the PTC creates. And as an international company, it doesn't need to rely as heavily on U.S. tax credits as others.

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