DSME Plans Nova Scotia Wind Turbine Facility
03/08/2010
"We were attracted by Nova Scotia's skilled workforce, efficient transportation systems, competitive costs and multiple energy sources, including wind, tidal and offshore," said Nam Sang-Tae, DSME CEO and President.
DSME and Nova Scotia signed a shareholder agreement in which DSME contributed C$20.4 million and will hold 51 percent of common shares, and Nova Scotia provided C$19.6 million and will hold 49 percent of the shares. The Canadian government will invest C$10 million via the Atlantic Canada Opportunities Agency.
DSME is one of the world's largest ship builders, and is publicly listed on the Korean Stock Exchange.
Most Read
-
-
2019 Top States for Doing Business: Georgia Ranks #1 Sixth Year in a Row
Q3 2019
-
Hot Jobs: Growing Industrial Sectors
Q4 2019
-
A Site Selector’s Checklist for Locating in the U.S.
Location USA 2019
-
Where to Invest in the Booming Aerospace Manufacturing Industry
2019 Auto/Aero Site Guide
-
Hiring Challenges Continue Throughout the U.S.
Q4 2019
-
Tips for Navigating Incentives in Site Selection Process
Q1 2020