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Major Layoffs at Grand Forks Plant - Valley News Live - KVLY/KXJB - Fargo/Grand Forks

Major Layoffs at Grand Forks Plant

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   LM Wind Power announced today its laying off 215 full time employees and another 130 temporary employees, November 30.  270 employees will remain on the job.

  The Company is giving layed off employees incentives to stay on the job until November 30.

  If there's any good new in all this, Job Service says there are currently 24-hundred job openings in northeastern North Dakota. They and other organizations are already stepping up efforts to make sure those layed off employees will find new jobs.

Keith Reitmeier, Job Service: "And some of those jobs are relatable to the workers at the LM plant."

Keith Lund, GF Economic Dev.: "The EDC has been working very closely with Job Service North Dakota to prepare a rapid response to address the needs of the effected work force at LM Wind Power. One of those measures is to host a job fair at LM to connect the effected employees with companies that need employees right now."

  In a written statement, LM Wind Power officials are forecasting a 70-percent decline in the amount of electricity produced by   wind generation equipment next year.

  Keith Lund of the EDC says the problem is Production Tax Credit legislation that will expire at the end of this year. It provided a subsidy for wind generation farms. But, since it's unclear whether that tax credit will be put back into law, investors have pulled away from investing in wind energy, at least for now.

 

 

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