Excerpts via Bloomberg: Wind energy company moving headquarters to KC
By BILL DRAPER The Associated Press KANSAS CITY, Mo.
A California-based wind turbine manufacturer is moving its headquarters and production operations to a site at Kansas City International Airport, where the company plans to create more than 200 new jobs over the next six years.
Missouri Gov. Jay Nixon hailed Nordic Windpower USA as the type of technology company his administration has been working to bring to the state. His administration approved $5.6 million in incentives for the company to make the move.
…
Nordic Windpower makes two-bladed wind turbines for the rapidly growing wind-energy market. Its current headquarters in Berkeley, Calif., and an assembly facility in Pocatello, Idaho, will be moving to Kansas City.
Nixon said Nordic plans to invest nearly $16 million in facilities at the airport and will be the first wind turbine production plant in the state.
…
full story here: Wind energy company moving headquarters to KC
5.6 Billion giveaway to a carpet-bagging “Green” company- Oregon’s got Vestas.
For now..Oh, any does the above picture appear that the blades are “feathered”?
One other thing: I will bet that the Components aren’t made here but in China, Vietnam
etc..
Snort.
Giggle.
Chortle.
Guffaw!
Couldn’t happen to a nicer, more self-righteous city. 🙂
So, they get even more subsidies from another state?!? And this is good news?
There was some info in the latest Census results that give a clue why CA is losing businesses. It’s called TAXES! They have the worst business environment in the country, yet they continue to make it even worse every chance they get, and then wonder why the hell they are broke.
At least it’s not China……
…but if we had more people employed, the might be able to make something people really wanted
California to Kansas, “You can take this factory and jobs and your little dog Toto too!”
Lol, Berkeley has all the renewable energy companies they need. That wonderful bastion of green. Standing in the way of Big Oil and your money and the earth!
http://energybiosciencesinstitute.org/
Like a crackerjack box, you have to get(scroll) to the bottom for the prize.
1) Environmentalists make AB32 to help with CAGW
2) Environmentalists make it more expensive to manufacture new power methods.
3) Environmentalists move production to places where it is cheaper and made with “dirty” oil.
4) Return to step 1 in new location.
“…You move to a location where you multiply and multiply until every natural resource is [locked off] and you have no choice but to move into another area…. there is another life form that behaves the same way…. a virus.” —- All apologies to Agent Smith for the rephrasing.
It’s also bad in Missouri if they waste their incentives on an industry that requires continuous subsidies to compete in the marketplace.
In 2010 we have seen 4x the number of businesses move out that we saw in 2009 and that was as of October. This isn’t surprising. I am expecting to see a mass migration of business, particularly tech business, out of California over the next few years.
When asked, the CEO stated “…No Comment…” to the question if the pending implementation of AB32 and CARB’s recent actions had any part to play in their move out of California…
http://www.arb.ca.gov/cc/ab32/ab32.htm
http://www.arb.ca.gov/newsrel/newsrelease.php?id=170
/sarc
And the flood begins…
Look, it doesn’t matter if your company is green, brown, black, or even red. (Hey, communist China has to make a profit too!). You move production to low costs locations with stable infrastructure and low sovereign risk. Every time.
California just raised the Sovereign Risk way high (we had a partial bond offering failure that required higher than expected rates and still didn’t move all the ‘product’) and with Governor Moonbeam set to take over, if you depend on things like Rail, Trucks, or Electricity ( i.e. everybody) it’s time to pack up and leave.
Electricity is high (and going to go higher as we repeat the Enron Minibar Pricing stupidity of our last Brown-Outs but with a greenwash this time).
Labor is high.
Land is high.
And TAXES are outrageous and headed WAY high (as they are untold $Billions in debt and digging the hole deeper… and with bond sales starting to show issues, higher taxes are sort of all there is left…)
So don’t expect a lot of folks moving in. Do expect a lot moving out.
This is just (no) business as usual for California.
from: http://thebusinessrelocationcoach.blogspot.com/
“December 6. Part I: New Record for Calif. Companies Departing or Shifting Work Out: 193 -Nearly Four Times Last Year’s Level”
Meanwhile the state and local governments will concentrate on enforcing laws and regulations only on companies and people who still have some money. Doing so on the poor or illegal aliens just isn’t profitable.
http://www.nationalreview.com/articles/255320/two-californias-victor-davis-hanson?page=1
et tu Anthony?
Another short article on the California business climate:
http://www.thebusinessjournal.com/small-business/7636-marketwatch-fresno-worst-us-city-for-business
We have been waiting and waiting for this …..
Special AGW Progress Report Windmill/Turbine Edition.
Schadenfreude? Yup. We’ll gloat? You betcha.
Warmista idiots/a**holes/schmucks, etc.
Big AGW A**Hole says: “The amount of electricity lost during this time is unknown, he said.”
…-
“Wind Turbine Repairs Delayed Due to Winter Weather in Europe”
“Town officials are waiting for a part from Germany to make the town’s wind turbine spin again.”
“Europe’s winter weather is to blame for the delayed repair of the town’s wind turbine, said Assistant Town Planner Gary Crosby on Tuesday.
A large portion of Europe has been hit hard by a winter storm, which has caused airport cancellations and other traffic delays. The storm has also caused the delay of a package carrying a part for Portsmouth’s wind turbine—a slip ring.
“The last time the wind turbine was working was Dec. 6,” Crosby said. “We are waiting for the part, which is coming from Germany. The part was supposed to leave Germany on Dec. 19th, but they had some weather.”
The town has entered into a temporary, one-year contract with the Lumus Construction Co. of Newton, MA, which is handling the turbine’s repairs. The town previously contracted with AARR Mfg., which went “bankrupt,” Crosby said.
“We had an emergency situation so we were able to hire Lumus,” he said. “We hope the part arrives by Thursday or Friday. We’re negotiating to see if they will work on Friday or over Christmas, which will mean some overtime.”
Crosby says he hopes work begins by Dec. 28, but the date of completion depends on when the part is delivered. The amount of electricity lost during this time is unknown, he said.
“Clearly, we are not generating power,” Crosby said. “Hopefully, we’ll be back turning by next week.””
http://portsmouth.patch.com/articles/wind-turbine-repairs-delayed-due-to-winter-weather-in-europe
http://www.smalldeadanimals.com/archives/015632.html
Did Kansas City look at Nordic Windpower’s business plan to understand how Nordic Windpower expects to become profitable, on an unsubsidized basis, within the near term?
If so, what assumptions were made in the business plan and who are the experts standing behind them?
Some day, there must be an accounting.
E.M.Smith says:
December 21, 2010 at 4:30 pm California just raised the Sovereign Risk way high (we had a partial bond offering failure that required higher than expected rates and still didn’t move all the ‘product’) and with Governor Moonbeam set to take over, if you depend on things like Rail, Trucks, or Electricity ( i.e. everybody) it’s time to pack up and leave.
Governor Moonbeam. Why anyone (other than me) would wish to be governor of California right now is beyond me. Captain of the Titanic, now taking applications. Despite my highly developed sense of schadenfreude, I’d like to see California pull through. Proof that you could spend your way to prosperity would be welcome now that I’ve retired.
maz2 says:
December 21, 2010 at 4:52 pm
I wonder if the greenies have figured out yet that Mother Nature just doesn’t cooperate unless she feels like it. Whether it’s a picnic or a shuttle launch. Best laid plans and all that.
Economics trumps politics everytime. California deserves exactly what has received – bankruptcy, a crashed business market, and massive unemployment. That’s what happens when the economic-illiterate are given a vote – the make silly choices.
Don’t forget we have EPA to contend with on a national scale. Maybe California knows something……
“A California-based wind turbine manufacturer is moving its headquarters and production operations to a site at Kansas City International Airport…”
Take my wife. Please.
Heck, take me, too!
There is a Large Wind Turbine off Interstate 5 that never seems to turn It is on the property of an industrial plant. I am thinking they built it for offsets and tax breaks and could care less whether it ever generates even one megawatt!!
Nordic is smart to ditch a state that won’t be able to pay subsidies or other benefits soon!!
My schadenfreude soars like a hawk for all those CA employees (if any) who will be relocating. They’re in for a HUGE surprise. KC is NOT the Left Coast.
Don’t get me wrong; I’m retired and living here in S.E. MO. Its a nice state to live in. But I’ve lived in SoCal (twice!) and if you’re used to mountains, deserts, and oceans, surfers, actors, and huge numbers of liberals then you need to know there are basically ….none…. here.
This is flyover country. It’s called that for a reason.