At full capacity, the Milwaukee plant will employee 275 people and supply equipment capable of producing 7,500 megawatts (MW) of clean electricity each year for the U.S. renewable energy market.
Ingeteam currently holds between 12-15 percent of the global market share for wind power components and expects to expand its global market share by opening its new plant, which will start production in January 2011.
This new facility will strengthen Ingeteam’s current U.S. presence, which includes a management office in Mequon, WI that provides operations and maintenance services for U.S. wind turbine farms. In addition, Ingeteam has a sales office in Santa Clara, Calif., that supplies the market with solar photovoltaic inverters.
"We believe the North American market represents a strategic opportunity because of expectations for growth in wind and solar power," said Aitor Sotes, CEO of Ingeteam Inc. "Ingeteam is strongly committed to renewable energy and having a U.S. facility will better enable us to serve customers in the U.S. who are already using our equipment on wind farms."
Ingeteam’s Milwaukee Manufacturing Plant
Slated for completion in December 2010, the 100,000-square-foot production facility and office complex will be located in Milwaukee’s Menomonee River Valley. The factory will eventually employee 275 workers, who will manufacture Indar wind turbines generators, which currently represent an 11 percent share of the world market and Ingeteam converters and solar power inverters.
The Milwaukee plant will produce generators and converters for 1.5 to 5 MW wind turbines and solar power inverters that range from 2.5 kW units for residential use, up to 500 kilowatt (kW) units for utility-scale installations.
"We selected Milwaukee for its close proximity to distribution channels, its experienced engineering labor pool and the persuasiveness of the local government officials, who highlighted the virtues of Wisconsin," said Sotes. "We look forward to delivering high quality renewable energy components and becoming part of the Milwaukee community."
Ingeteam Inc., headquartered in Bilbao, Spain, is a business group specializing in electrical engineering and the development of electronic technology for the energy, industry, marine and railway sectors. Its brands include Ingeteam, Indar, and Pine. Ingeteam companies provide custom turnkey engineering and installation solutions and manufacture electric machines, electronic control and power equipment.
Ingeteam is made up of 28 companies with more than 3,500 employees and locations on four continents – Asia, Europe, North America and South America. Ingeteam’s focus on research, development and innovation has created high-value products that successfully meet the specific needs of customers worldwide. In 2009, Ingeteam allocated more than three percent of its total sales revenue to research, development and innovation activities.