Business

Nov 8, 2013 3:51 PM by Juice Godfrey

Tax breaks help Vestas hire more workers

GREELEY, Colo. (AP) - Vestas Wind Systems is hiring more people to take advantage of a federal tax credit before the year runs out.

The move follows a slow year for wind energy, including a series of layoffs in 2012.

Vestas announced on Thursday the company will hire hundreds of workers at its factories in Windsor and Brighton to meet a spike in demand for wind turbines.

According to the Greeley Tribune, wind energy slumped last year and at the beginning of this year in part because Congress was late extending a wind energy production tax credit established in 1992. The tax break passed on Dec. 31, but wind producers and companies like Vestas experienced a lag before they could start projects again.

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