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Supply Agreement in Mexico Extended between TPI and GE August 13 2018

2018 Lucintel Composites Market Insights, August 13, 2018

TPI Composites, Inc. informed that GE has agreed to extend their supply agreement in one of TPI’s Mexico plants by two years to 2022 and will increase the number of lines in that facility from three to five. In addition, GE has agreed to transition to a larger blade model in TPI’s Iowa plant in early 2019 and to eliminate its option to terminate their supply agreement in Iowa prior to its December 2020 expiration.

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http://www.lucintel.com/composite_materials_in_wind_energy_market_2018.aspx