Cohocton Wind Watch: Clipper Windpower’s California HQ to close
Cohocton Wind Watch is a community citizen organization dedicated to preserve the public safety, property values, economic viability, environmental integrity and quality of life in Cohocton, NY and in surrounding townships. Neighbors committed to public service in order to achieve a reasonable vision for a Finger Lakes region worthy of future generations.


READ about the FIRST WIND Connection to the Obama Administration

Industrial Wind and the Wall Street Cap and Trade Fraud




********************************************************************

Friday, November 23, 2012

Clipper Windpower’s California HQ to close

A California business journal is reporting that Clipper Windpower, which has a wind turbine servicing operation in Cedar Rapids, plans to close its Caprinteria, Calif. headquarters.

The closing plan was announced at an all-employees meeting on Nov. 7, according to a Nov. 16 report in the Pacific Coast Business Times, quoting an unnamed “person who was present.”

The report said that by February, Clipper will consist of “somewhere under 100 employees,” all of them in Cedar Rapids. It said the remaining employees will likely focus on servicing the proprietary gearboxes on the fleet of 739 Clipper turbines already in service.

Clipper Windpower was acquired earlier this year from United Technologies Corp. by Platinum Equity, a private equity firm based in Beverly Hills.

A lawsuit filed recently by a major customer in Linn District Court documents Clipper’s financial difficulties, which it linked to massive warranty claims resulting from problems with Clipper’s turbines.

Source

0 Comments:

Post a Comment

Links to this post:

Create a Link

<< Home


Click on link to submit your SEC complaint on the
First Wind Holdings Inc. IPO public offering


TEN Reasons
Why the SEC should not allow First Wind to be listed on NASDAQ

First Wind Holdings Inc. 12/22/09 SEC S1/A IPO Filing

First Wind Holdings Inc. 7/31/08 SEC S1 IPO Filing

May 14, 2010 addition to the First Wind Holdings Inc. SEC S1A IPO Filing

August 18, 2010 amendment 7 to the First Wind Holdings Inc. SEC S1A IPO Filing

October 13, 2010 Filing update to the First Wind Holdings Inc. SEC S1A IPO Filing

New October 25, 2010 Filing update to the First Wind Holdings Inc. SEC S1A IPO Filing


FIRST WIND Lays an Egg WITHDRAWS IPO
after Wall Street no confidence in company




Send email request to join - RIWT Facebook Groupsplus
cohoctonwindwatch@gmail.com

RIWT is open to the public

Risks of Industrial Wind Turbines is a group of citizens and organizations dedicated to preserve the public safety, property values, economic viability, environmental integrity and quality of life of residents and future generations.

**************