Oh well...
Wednesday, December 9, 2009
That was quick
Evidently cheap gas and credit constraints caught up with the green tech sector in Colorado this morning. Oversupply in Asia probably didn't help either, but that factor wasn't mentioned in the following item from the Denver Business Journal: Vestas, the wind turbine manufacturer, announced a round of furloughs at its plant in Windsor, Colorado. Perhaps it's just me, but I am having flashbacks to the 90s, when Colorado placed all of its eggs in the software and telecom baskets, only to get severely burned when the bottom dropped out in 2000-2001.
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