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Nordex To Repay $2.5M To AR After Layoffs

Tue, 09/03/2013 - 10:13am
The Associated Press

LITTLE ROCK, Ark. (AP) — Nordex USA Inc. is repaying more than $2.5 million it received in incentives after announcing it would halt production on its wind turbine plant in Jonesboro and lay off 40 workers.

The Arkansas Economic Development Commission announced Friday that the company would repay $2.31 million to the state and $204,814 to Jonesboro that it had received for the wind turbine plant. The company had received $3.91 million from an incentive fund for the project.

Nordex announced in June that it would cease production at the plant, which had been expected to eventually employ more than 700 people. Nordex said it was consolidating its manufacturing in Germany and maintaining the Jonesboro location as its American base for service, warehousing and for training staff and customers.

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