LM Wind Power mulls plant in South Africa - report.

By bne IntelliNews September 30, 2011
The world's largest manufacturer of turbine blades LM Wind Power is considering establishing a plant in South Africa, Reuters news agency reported. Our typical plant layout will have investment of around EUR 24mn to EUR 25mn and we are looking at a plant of about 100,000 sq m, Nirmal Gupta, director for key accounts and strategic positioning at Denmark-based LM, was quoted as saying. The firm is in talks with South African development financier, the Industrial Development Corporation, and expects to make a final decision before year-end, the executive said.

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