Vestas signs agreement to supply towers for wind power projects

Vestas Wind Systems A/S, a manufacturer of wind turbines, has signed an agreement to supply towers for a number of non-Vestas wind power projects over the next two years.

The agreement means Vestas will ramp up at its tower factory in Pueblo, Colorado, US. Vestas soon will begin manufacturing the first part of the third-party tower supply agreement that could use up to 25% of the production capacity. The agreement will create more than 100 jobs by the end of the first quarter of 2013.

"We are pleased with this new agreement. Vestas is known for having industry-leading quality in our manufacturing processes and facilities, and it is satisfying that other companies recognize this by choosing to use our factories to produce components for their projects," said Jean-Marc Lechene, Executive vice president & COO for Vestas Wind Systems A/S.

"Vestas is continuously evaluating its manufacturing footprint and opportunities to utilize the current production capacity better. Producing components for third parties is part of this strategy, and although we have had other smaller orders, this new agreement is the first major step in realizing this plan," Lechene said.