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Obama To Talk Green Economy At Windmill Part Manufacturer


The Huffingont Post
January 16, 2009


President-elect Barack Obama will call for action to
stimulate the economy at an Ohio company that manufactures very large bolts for
wind turbine towers, according to announcements by the President-elect's team
and information received by the American Wind Energy Association (AWEA). The
company, Cardinal Fastener & Specialty Co., Inc., is based in Bedford Heights,
Ohio, and the visit will take place Friday, January 16, as the President-elect
travels from Illinois to Washington, D.C., for his Inauguration.

"We are very excited by the selection," said AWEA CEO Denise Bode. "On that
factory floor in Ohio, President-elect Obama will see first-hand how renewable
energy creates American manufacturing jobs and helps revitalize our economy.
"The U.S. wind energy industry alone has opened or expanded more than 50 wind
turbine component manufacturing facilities in the past two years, creating an
estimated 9,000 domestic manufacturing jobs in 2008," added Bode, who will be
present for the event. "With the right policies, the renewable energy industries
are ready to meet the President-elect's call to double renewable energy
production within three years and help drive our economy to recovery."

"Our company is planning for growth to meet expected increases in wind power
sales, and is looking to add up to 40 full time associates in 2009 to our
current 65," said Cardinal Founder and President John Grabner. Cardinal is the
largest manufacturer of American-made large-scale threaded fasteners, which are
used to bolt wind turbine towers, which can stand 200 feet tall or more, to
their foundations. Cardinal uses only American-made materials and all production
occurs at Cardinal's 95,000 square foot factory in Cleveland. The company has
been in business for 25 years, and recently added a Wind Power team to meet
demand from the expanding U.S. wind industry.

About 80,000 U.S. workers are employed in the wind industry today, in jobs as
varied as turbine component manufacturing, construction and installation of wind
turbines, wind turbine operations and maintenance, services, and more. Wind
power's recent growth has accelerated job creation, particularly in
manufacturing, where the share of domestically manufactured wind turbine
components has nearly doubled in three years, expanding from 25%-30% in 2005 to
50% in 2008.

Wind power is now a mainstream option for new electricity generation: as a share
of the entire new generating capacity installed annually in the country to meet
electricity demand, wind power has expanded from less than 2% of new capacity
added in 2004 to 35% of new capacity added in 2008, second only to natural gas.

President-elect Barack Obama will call for action to stimulate the economy at an
Ohio company that manufactures very large bolts for wind turbine towers,
according to announcements by the President-el...

President-elect Barack Obama will call for action to stimulate the economy at an
Ohio company that manufactures very large bolts for wind turbine towers,
according to announcements by the President-el...

 

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