Wind turbine leader Vestas has agreed to sell tower manufacturing facility in Pueblo, Colorado, to CS Wind.
The Pueblo factory, which was established in 2009 as the world’s largest tower manufacturing facility, today employs more than 500 people and manufactures over 3,000 tower segments a year.
Vestas will secure an agreed upon volume of the tower factory’s output to secure domestic supply for the North American market.
CS Wind will expand offerings to include manufacturing of towers to other wind turbine manufacturers through a multi-brand strategy, as well as continue the ongoing Vestas investments and initiatives to reduce CO2-emissions.
“Across our global supply chain footprint, we are involving more partners to build on the foundations we have established for wind energy. This includes honing our own resources to where they can be most effective and transferring parts of our operational setup to be run by other industry leaders who can create more value and secure additional long-term jobs,” Vestas COO Tommy Rahbek Nielsen said.
The USA remains one of the world’s largest markets for wind energy and Vestas is represented by more than 4,500 people in the industry. In 2020, Vestas spent over $2 billion with over 1,300 U.S. based suppliers to support renewable energy demand.
CS Wind Corp is a Korean based towers manufacturing company, established in 2003 and supporting the global wind industry from its manufacturing facilities in Vietnam, Malaysia, China, Taiwan and Turkey.
CS Wind is manufacturing towers for onshore wind as well as offshore wind and have over the years delivered towers to all major markets around the world.
CS Wind has more than 2,700 employees and will with the acquisition of the Pueblo Towers facility reach a number of more than 3,300.