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EANS-News: Nordex AG / Nordex celebrates groundbreaking for wind turbine plant, details hiring schedule

Geschrieben am 11-09-2009

• Plant will serve the American wind energy boom market from 2010
onwards
• Establishes Arkansas as a manufacturing center for the
wind industry
• Large-scale recruiting to kick off in January



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Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
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Company Information

Utl.: • Plant will serve the American wind energy boom market from
2010 onwards • Establishes Arkansas as a manufacturing center for the
wind industry • Large-scale recruiting to kick off in January =

Norderstedt (euro adhoc) - Jonesboro/Chicago, 11 September 2009.
Nordex USA, Inc., a leading manufacturer of utility-scale wind
turbines, today held a groundbreaking celebration at the construction
site of its $100 million manufacturing facility in Jonesboro,
Arkansas. At the event, management presented its vision for a
renewable energy future, as well as details on plans to hire 700
people by 2014. Leaders from government, business and the community
attended the celebration, expressing hope for the revitalization of
American manufacturing and the birth of a new industry in Arkansas.

"I am pleased that Nordex has chosen Arkansas for its manufacturing
center," Governor Mike Beebe said. "Our success in the clean-energy
economy is exciting, and having a global wind energy company, like
Nordex, in the Natural State helps to promote sustainability,
alternative-energy development, and environmentally-friendly
practices."

The first phase of construction began at the 187-acre site in
Craighead Technology Park in late July. Nordex has been undeterred in
its plans to build and hire. "We are positioning ourselves for the
market surge around the corner," said Ralf Sigrist, President and CEO
of Nordex USA, based in Chicago. "We are absolutely confident that
the US wind market will be the biggest in the world.
`Made-in-Arkansas´ is at the core of our strategy to win." Production
is scheduled to begin in mid 2010.

Nordex is already seeing a pick up in the market. It recently
completed the 62.5 megawatt "Highland" wind farm in Pennsylvania and
is working on further projects. Parent company Nordex AG attributes
much of its profit growth to the US market. The US accounted for 12
percent of the company´s global sales, up from roughly one percent in
the previous year. "I repeatedly sense that nowhere is the renewable
energy vision stronger than in the United States," remarked Thomas
Richterich, CEO of Nordex AG. "And when America catches a vision, the
whole world changes."

A windfall of jobs At the ceremony, management gave an update on the
hiring schedule. "We expect to be producing up to 300 wind turbines a
year by 2014," said Joe Brenner, VP of Production in Jonesboro. "It
will take a highly-skilled, well-trained workforce of around 700
people to make that happen. Right now we have five people and a
construction zone. So we´re looking at a strong rampup and an
aggressive recruiting and training program."

Hiring will span about four years. Nordex plans to locally employ
close to 100 people by the end of 2010, as it begins ramping up
nacelle assembly, in the areas of operations, office support, supply
management, production engineering, quality assurance and more.
Recruiting will begin in January followed by hiring in the spring.
The nacelle workforce will gradually reach up to 240 people as the
plant approaches full capacity over the next two and a half years.
Recruiting and hiring will follow a similar pattern for the rotor
blade facility, which will be built in phase two of the construction.
Job openings will be posted on the company´s website at
www.nordex-online.com, with additional details to come.

Besides direct hires, Nordex is also creating jobs through the
contracting of services. For example, Nordex has contracted with the
construction firm, H&M Company, Inc. of Jackson, Tennessee, which is
dedicating between 250 and 300 workers to the construction project.

Finally, the company is localizing its supply chain. "We want to
foster a neighborhood of local wind players around Jonesboro," said
Brenner. "Logistically, it´s more efficient to share a backyard than
to ship large components cross-country."

Plant details The Jonesboro operation will be an original equipment
manufacturer (OEM) producing one of the largest classes of wind
turbines in the world, the 2.5 megawatt N90 and N100. Each of these
utility-scale turbines is capable of generating enough renewable
energy to power about 700 American homes. In 2000, Nordex built the
first turbine this large and has the longest track record for
reliability in the multi-megawatt class. The $40 million nacelle
assembly plant will have 115,000 square feet of production space,
10,000 square feet for a Training Academy and 35,000 square feet of
office space. The $60 million rotor blade facility is then expected
to begin production in late 2012.

Heating and cooling at the plant will be powered entirely by
geothermal energy. "The investment will pay for itself within 12
years," said Sigrist, "and will save considerable amounts over the
long run. Just as renewable energy will do for all of America. The
investment pays off."

Full plant details and images are available for download at
www.nordex-online.com.

About Nordex Nordex is one of the fastest growing wind turbine
producers, operating in 18 countries and employing 2,200 people.
There are currently 3,927 Nordex wind turbines rotating in 34
countries with a total rated output of more than 5,339 megawatts. In
2008, Nordex achieved over $1.5 billion in sales and produced the
1,000th turbine of the N80/N90/N100 class. The company´s global
headquarters is located in Hamburg, Germany.


Ende der Mitteilung euro adhoc
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ots Originaltext: Nordex AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Felix Losada

Tel.: +49 (0)40 300 30 1141

flosada@nordex-online.com

Branche: Alternative energy
ISIN: DE000A0D6554
WKN: A0D655
Index: TecDAX, CDAX, HDAX, Prime All Share, Technologie All Share,
ÖkoDAX
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade


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