Content area
Full Text
Siemens Gamesa Renewable Energy, an affiliate of Siemens AG, said it will shutter a plant that makes wind turbine blades in Tillsonburg, Ontario, by early 2018, citing uncertain demand and a global supply glut that has driven down prices.
The plant closure will mean the loss of 206 jobs immediately with a further 134 terminations through the remainder of the year, the company said in a July 18 statement. Since it opened, the Ontario plant has produced more than 2,500 blades for use in Canada, the U.S., the U.K. and Sweden, the...