1/7/2013

The last-minute extension of the wind-energy Production Tax Credit is expected to stave off job cuts in the industry, but officials in North Dakota are still unsure if the extension came soon enough to save jobs in their state. "While we're all encouraged with this news, any new business will likely take many months to actually arrive," said Bill Burga, LM Wind Power's head of manufacturing for North and South America. "We're certainly hopeful those customers that were 'fence sitters' might begin to offer up a renewed look this year."

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