Korean giant gains foothold in Nova Scotia

In other Shiyard news… sort of… Korean shipyard heavyweight, DSME (Daewoo Shipbuilding and Marine Engineering) has open a facility in Nova Scotia. Yes, you heard right.

In March 2010, Daewoo, the province of Nova Scotia, and the federal government, entered a partership to transform a defunct rail car manufacturing plant into a modern windmill factory. Daewoo and the government spent $40 million dollars (~20 each) converting the Trenton Works rail car factory, closed in 2007, into a modern tower and blade manufacturing plant for windmills.

The new facility was officially opened June 15, 2011 and DSTN website states they have begun production, and expect production as the new entrant into renewable energy, receive more orders. See here for more news, here here too and info.

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