Holland-based manufacturer gets significant tax breaks to produce wind turbine blades

Governor Granholm states that Energetx Composites has the potential to be a major player in the wind turbine industry.  

According to excerpts in the story from The Grand Rapids Press:

Wind turbine blade production at Energetx Composites will grow free of state and local taxes for the next 15 years, after the company won designation as a renewable energy renaissance zone on Friday.

A new $6.5 million plant will make utility-scale wind turbine blades, each 150 feet long and weighing up to 28 tons. The company, a spin-off of yacht builder S2 Yachts, said it is also looking at ways to expand into the electric vehicle sector.

Read the complete story here:

http://www.mlive.com/business/west-michigan/index.ssf/2010/10/holland_wind_turbine_maker_ene.html
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