Fort Erie wind-tower manufacturer DMI Industries to close permanently

JOHN ROBBINS, Bullet News
FORT ERIE – In another heavy blow to Fort Erie, wind-turbine tower manufacturer DMI Industries -once the darling of Niagara’s fledgling green-energy industry – is closing permanetly.

The Fargo, North Dakota-based company is apparently no longer willing to keep the doors open at its Fort Erie location, which has been struggling for more than a year.

Town of Fort Erie officials were notified of the decision, Thursday afternoon. Read article

2 thoughts on “Fort Erie wind-tower manufacturer DMI Industries to close permanently

  1. Ernst & Young
    “China: the new global leader in Cleantech IPOs”
    Many of the large wind players are state owned. Government policy sets the stage for Cleantech industries with lower tax rates and state owned bank loans with low interest rates. This means that companies can grow faster with lower capital costs.
    Shanghai Taisheng Wind Power Equipment Co. Ltd/TSP has its primary listing on the Shenzhen
    http://www.ey.com/GL/en/Industries/Cleantech/Cleantech-matters–China–the-new-global-leader-in-cleantech-IPOs
    ————————————————————————————————————————-
    TSP Canada Towers Inc. is a subsidiary of Taisheng Wind Power Equipment Co.Ltd./TSP, Shanghai. NO. 1 wind tower maker in China.
    http://www.shtspchina.com
    This company is traded on the Shenzhen but who are the major shareholders?

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