Showing posts with label Vestas. Show all posts
Showing posts with label Vestas. Show all posts

Wednesday, May 14, 2014

Could Vestas be on its way out of Portland?

Whereas Portland bested Colorado in attracting Vestas Wind Systems U.S. headquarters, the tables might be turning.
Vestas received an $8.1 million, 15-year interest-free loan from Portland in 2010 for its $66 million Pearl District headquarters. The report said Vestas’ North American president Chris Brown, who was hired in late 2012, supports the move. The company has about 200 people in Portland, the newspaper said.
www.bizjournals.com/portland/morning_call/2014/05/....html

Vestas considering move of Portland headquarters to Colorado

Vestas Wind Systems, once the leading light of Oregon's green energy sector, is actively considering the consolidation of its Portland sales and service office into its operations in Colorado, current and former employees have told The Oregonian. Last year, Vestas gave up half the space at its Pearl District headquarters, which was leased to tech startup Urban Airship. The historic Meier & Frank warehouse was transformed into an airy, LEED-certified office space in a $66 million renovation that was subsidized by Portland taxpayers with the specific intention of keeping Vestas in Portland. Vestas has winnowed the headcount at its North American headquarters in Portland from about 400 in 2010 to what employees say is less than 200 today. The downsizing came as its parent company made deep cuts around the globe, including at its manufacturing operations in Colorado and its headquarters in Denmark.
www.oregonlive.com/business/index.ssf/2014/05/vest....html