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Vestas backs out of plans to open Marlborough facility  

Credit:  By Kendall Hatch/Daily News staff, The MetroWest Daily News, www.metrowestdailynews.com 7 March 2012 ~~

MARLBOROUGH – A global wind turbine manufacturing company that was set to open a $16 million, 27,000 square-foot facility in the city has backed out of its plans after a round of corporate restructuring.

(Check out the map where the Vestas broke ground for construction.)

Vestas Technology R&D Americas, Inc., last month informed city officials that it wouldn’t be moving forward with plans to build the research facility on Crowley Drive.

The city had approved a tax increment financing deal for the company, which has since been decertified. The deal was set to go into effect this July.

Vestas was celebrated at a groundbreaking event in November by Gov. Deval Patrick, who praised state and local officials for attracting clean-energy businesses to the state.

Vestas bought the 8.5-acre site at 100 Crowley Drive for $1.85 million last September. Company officials said the facility would add about 60 new jobs.

According to a letter to Mayor Arthur Vigeant on Feb. 13, company officials said they still plan to occupy leased office space adjacent to the site. That location will house about 40 jobs.

The City Council suspended its rules before adjourning its Feb. 13 meeting and voted to decertify the tax increment financing deal.

According to a letter from Mark Buschenfeldt, Vestas’ senior specialist in site selection, the company had not taken any public cash for the project.

Source:  By Kendall Hatch/Daily News staff, The MetroWest Daily News, www.metrowestdailynews.com 7 March 2012

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

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