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TPI Composites, Inc. a global wind blade manufacturer, announced that it is reopening its plant in Ciudad Juarez, Mexico to provide cost-effective, world-class blades to the North American wind market.
The Juarez factory was formerly operated as a joint venture between TPI and Mitsubishi Power Systems under the name of VienTek, but is beginning operations now to serve multiple customers as a 100% owned TPI facility.“TPI is very pleased to be reopening our Mexico operation to continue to drive down the cost of wind energy and to gain market share in the U.S. and Mexico,” said Steve Lockard, President & CEO of TPI Composites. “It will allow us to grow our business with current customers and to support new customers in the region.”Wayne Monie, TPI’s Chief Operating Officer added that they launched VienTek in 2002 and they operated successfully for more than 10 years, providing many thousands of highly reliable blades to the U.S. market. The skills and the blade manufacturing knowledge of the roughly 600 former employees that they are rehiring will be fully utilized during the restart.TPI currently operates regional wind blade factories in the U.S., China and Turkey.About TPI Composites, Inc.:TPI Composites is a U.S.-based leading global supplier of structural composite products to the wind energy, military, and transportation markets. The company delivers high-quality, cost effective composite solutions through long term partnerships with leading manufacturers. It operates factories throughout the U.S., Mexico, China and Turkey. More information:www.tpicomposites.com