Vestas to close plant in Inner Mongolia

Danish wind turbine manufacturer Vestas Wind Systems said on Monday it will close a factory in Hohhot, Inner Mongolia autonomous region, and cut 300-350 jobs in the process, due to forecast low demand for kilowatt in the future.

The world's biggest wind turbine manufacturer said it would phase out production of kilowatt turbines, including the V52-850 kilowatt and V60-850 kilowatt turbines produced at the Hohhot factory to be closed.

"On the basis of thorough internal analyses, Vestas projects a low market demand for the kilowatt platform in the coming years," the company said.

Agencies - China Daily