A wind turbine maker says it will expand its operations at a plant in Iowa.
The Des Moines Register reports that Siemens Power Generation will invest in a $33 million expansion at its wind turbine blade factory in Fort Madison. The move is expected to add 287 good-paying jobs:
The new jobs would pay an average of $17.14 an hour, said the company, which seeks state incentives.
Siemens said it’s considering add 75,000 square feet to its 311,000-square-foot plant. It also would add a 125,000-square-feet facility and construct a rail yard. The Siemens plant in Fort Madison has been open a year and is its only U.S. blade manufacturing facility. It employs 246.
The Iowa Economic Development Board will consider providing Siemens with a
$1.4 million forgivable loan Thursday and an estimated $1.9 million in tax credits and sales tax refunds. Fort Madison also seeks to capture $2.8 million in state withholding taxes the company would pay, under a pilot program designed to help revitalize urban renewal areas in border cities.
As you might remember from my post back on October 11th, 2007, Iowa is seen as riding the crest of a potential $10 billion wind energy market. That was also the same time when Hendricks Industries said it would become the fifth wind turbine maker to locate in the state.


A bill that would require all state vehicles in New Hampshire that run on diesel to have a percentage of biodiesel in the mix has passed that state’s House and is moving to the Senate.
A new biodiesel plant that is being touted as Arkansas’ first and only biodiesel refinery with its own on-site crusher will open on Tuesday.
According to Tyner, the fixed 51-cent per gallon subsidy paid to ethanol producers will become increasingly expensive for the federal government as oil prices and levels of ethanol production continue to rise.


One hundred years after the original 1908 event designed to show the world how dependable automobiles could be, the 2008 Great Race will feature vehicles running on alternative fuels, such as biodiesel, ethanol, and even solar power.
This time around, the field will consist of a motley mix of vintage and new cars, including a 1904 Thomas Flyer and a 1941 Willys Jeep. They will rub fenders, metaphorically speaking, with various vehicles running alternative fuels — in an attempt to prove these new technologies by forging them in the crucible of a high-endurance test. Think Range Rovers on biodiesel, a multi-fuel-capable Aston Martin DB6 and a 2007 Buell Ulysses motorbike on E85 ethanol.