in News Departments > FYI
print the content item

Valmont Industries Inc. has acquired wind turbine tower manufacturer Katana Summit's 300,000 square-foot Columbus, Neb., manufacturing facility.

In September, Katana Summit said that due to federal policy uncertainty, the company would close the Columbus factory, as well as its Ephrata, Wash., facility, if it was unable to find a buyer for those operations. The company did not respond to requests for comment.

Valmont says it intends to repurpose the facility for the manufacture of steel transmission structures for the utility industry.

"The addition of the Columbus, Neb., facility will immediately provide needed incremental manufacturing capacity to serve our utility customers," says Earl Foust, group president of Valmont’s Utility Support Structures division. "I expect when modifications are complete in 2014, the plant will have approximately $100 million in additional annual capacity."

Terms of the acquisition were not disclosed.


Hse SandyHook
Latest Top Stories

DOE Report: U.S. Wind Power Prices Reach All-Time Low

According to the U.S. Department of Energy (DOE), wind power continues to play a larger role in the U.S.' energy mix and is the cheapest it has ever been in the country.


Survey Reveals What U.S. Consumers Expect From Their Utilities

GE's new survey measures Americans' views on the state and future of the grid, as well as how much extra consumers would be willing to pay for better power reliability.


How A GIS Can Help Utilities Address The Aging Workforce And Capitalize On Data

Baby Boomers, whose experience and know-how have served the utility industry so well for decades, are retiring. The author suggests utilities can use a geographic information system (GIS) to fill in resultant knowledge gaps.


Sensus Smart Meters Tied To More Overheating Incidents And Fires

SaskPower is investigating two new meter failures, and Portland General Electric is working to replace 70,000 Sensus units amid fire concerns.


SaskPower Halts Smart Meter Installations Following Fires

The Canadian utility has suspended its smart meter deployment as it investigates half a dozen fires associated with the meters.

S&C Electric_id176
edf_id180