“We regret having to close down the factory in Taranto. However, matching Vestas’ global manufacturing organisation with the market conditions is necessary for Vestas to remain competitive,” said Vestas COO Jean-Marc Lechêne.

Vestas wants to create a leaner and more asset-light manufacturing organisation, following a slowdown in the wind power market in 2013 and anticipating expected slow growth in coming years. 

“This is a further step in keeping our production facilities running as close to full capacity as possible, which is necessary to support improvements in Vestas’ profitability and the ability to deliver competitive products to our customers,” said Lechêne.

120 employees at the factory, including factory management, are expected to be affected as a consequence of the intended closure.