TPI to Open New Wind Blade Manufacturing Hub in India and Signs Blade Supply Agreement with Vestas
TPI Composites, Inc. (TPIC)
Last tpi composites, inc. earnings: 2/27 04:01 pm
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Source: GlobeNewswire
SCOTTSDALE, Ariz., Jan. 11, 2019 (GLOBE NEWSWIRE) -- TPI Composites, Inc., (TPI) (Nasdaq: TPIC), the largest U.S.-based independent manufacturer of composite wind blades, announced today that it has signed a multiyear supply agreement with Vestas Wind Systems A/S (Vestas) to provide blades from four manufacturing lines (with an option to add more lines) for India and export markets. The blades will be produced at a new Indian facility in the greater Chennai region which TPI plans to open for production in the first quarter of 2020. TPI’s new state-of-the-art manufacturing hub will be able to reliably and cost-effectively serve the India and global wind markets for multiple customers. “We are pleased to announce a significant new global wind blade manufacturing hub in India with Vestas as our first customer,” said Steve Lockard, President and CEO of TPI. Jean-Marc Lechêne, Executive Vice President and COO of Vestas added, “We are pleased to be strengthening our global manufacturi
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TPIC
Earnings
- 2/22/24 - Beat
TPIC
Sec Filings
- 4/22/24 - Form ARS
- 4/22/24 - Form DEF
- 4/12/24 - Form PRE
- TPIC's page on the SEC website