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GE Vernova to shut wind turbine blade plant in Brazil, risking 1,000 jobs (NYSE:GEV)

Summary by Seeking Alpha
GE Vernova said it will close its wind turbine blades factory in the Brazilian city of Suape due to weakening demand in the Latin American market, affecting ~1,000 workers.

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GE Vernova to shut wind turbine blade plant in Brazil, risking 1,000 jobs (NYSE:GEV)

GE Vernova said it will close its wind turbine blades factory in the Brazilian city of Suape due to weakening demand in the Latin American market, affecting ~1,000 workers.

·United States
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gaspesienouvelles.comgaspesienouvelles.com

LM Wind Power closes plant in Brazil

The manufacturer of LM Wind Power blades – which has antennas in several places on the planet, including Gaspé – will stop operations in Brazil by April. The information was first reported by local media TV Marazul, then confirmed by the specialized newspaper Energy Watch.

·Gaspé, Canada
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Seeking Alpha broke the news in United States on Tuesday, February 11, 2025.
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