EANS-News: Nordex SE / Nordex opens for business in Arkansas with grand opening of wind turbine plant

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Company Information

Norderstedt (euro adhoc) - Hamburg/Jonesboro, 29 October 2010. Nordex
USA celebrated the official opening of its flagship wind turbine
manufacturing plant in the US today. Representing a $40 million
investment, the 150,000 square foot plant is one of the most modern
production facilities in the wind industry, optimized for lean flow
and reduced lead times for customers. It positions Nordex as a
domestic manufacturer of the highest caliber in one of the biggest
wind energy markets in the world.

"There´s no way around it," said Thomas Richterich, CEO of parent
company Nordex SE. "To play in the US wind market, you need a
Made-in-the-USA strategy. Our turbines are some of the most powerful
and reliable on the global market, and now we can get them to US wind
farms quickly and cost-effectively."

Governor Mike Beebe and Arkansas senior senator, Blanche Lincoln,
joined with state and community leaders for the event, following a
tour of the plant. The total planned investment for the site is $100
million, with further manufacturing capacity to be added in a second
phase in line with market conditions.

The Nordex plant will build nacelles for 2.5 megawatt turbines that
belong to Nordex´s new third generation efficiency class - the Gamma
generation. Production began earlier this month, and the first
assembled nacelle was on display. Nacelles house the engine and other
key turbine components and sit high atop the turbine tower. The
assembly time for a nacelle is about two weeks, and the Nordex plant
has the capacity to produce 300 per year. One Nordex turbine can
power about 700 American homes.

"Energy is one of the biggest challenges facing the world today,
including the United States" said Ralf Sigrist, President and CEO of
Nordex USA. "These turbines will help America secure a new domestic
energy supply without compromising national security or the
environment."

Since breaking ground on the plant last September, Nordex has hired
54 employees, about 80% locals, including the first production crew.
Job functions range from production assembly, process engineering,
supply chain management, facilities management, training, quality
assurance, safety, administration and management.

Nordex plans to grow its ranks to nearly 70 in Jonesboro and 175
nationally by the end of 2010. It has the potential to create a total
of 700 jobs in Jonesboro and 1,000 nationally over the next four
years, not including indirect jobs created by suppliers and service
providers. Earlier this year, steel components manufacturer, Beckmann
Volmer announced it would build a $10 million dollar factory and
employ 500 in neighboring Osceola to supply parts to Nordex. Part of
Nordex´s strategy is to make its supply chain 80% domestic within the
next nine months.

Governor Mike Beebe, who has led Arkansas´s bid to become a wind
turbine manufacturing hub, addressed the audience. "The clean-energy
sector has great potential for creating high-quality jobs in Arkansas
and across the United States," he said. "Nordex has recognized that
Arkansas has the right location and workforce to produce
American-made components for the North American wind industry."

The Jonesboro production crew is undergoing extensive practical
training. The team spent 10 weeks at Nordex´s German factory in
Rostock, and now their German counterparts have set up residence in
Jonesboro for four months to work side-by-side with the crew on their
home turf. Jonesboro crew members spoke about their experiences so
far at the ceremony. "When Nordex first announced they were coming to
Jonesboro two years ago," said Brad Scott, "I started submitting
resumes. I pursued the opportunity for two years, and am thrilled to
be a part of the team today."

Senator Lincoln also shared remarks: "I am proud that Nordex is
helping make Arkansas a leader in wind manufacturing, and they chose
well in selecting Jonesboro," she said. "I know that the hardworking
people of this community are ready to get to work, and I look forward
to the job creation and economic growth that are sure to result from
Nordex´s investment."

Nordex has also built a 10,000 square foot training academy on site,
and has a partnership in place with the Arkansas State University to
teach "mechatronic" skills, which combine mechanical and electrical
know-how and are specific to wind-turbine manufacturing. "We´re
making a long-term investment in our workforce," said Joe Brenner, VP
of Production. "These are not just jobs, they are careers."

"Arkansas has become a success story for the wind industry," said
Ralf Sigrist in a keynote address that stressed the huge potential
for wind in the US - home to the best wind resources in the world.
"Now, we have to water what we´ve planted. We have to ensure that the
industry we have all worked so hard to establish takes firm root in
the national market via strong, sound renewable energy policies. Our
success is your success," he continued, "and with rising demand for
energy around the corner, the only thing that can get in our way is
short-sightedness."

Nordex has both completed and planned installations in several
states, including Minnesota, Pennsylvania, Wisconsin, Maryland and
Colorado. The Arkansas facility will fill all future orders, shipping
turbines to wind farms around the country.

For related, downloadable materials, please visit the webpage for
this release on the Nordex website at www.nordex-online.com.

end of announcement euro adhoc
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ots Originaltext: Nordex SE
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
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