Company officials with Clipper Windpower confirm that layoffs will reduce the total employment at the wind energy company by 174 positions. Employees at the Cedar Rapids plant, 4401 Bowling St. S.W., began called Monday morning to report layoffs were in progress. The total number of people let go in Cedar Rapids would be about 75. … Continue reading Clipper Windpower Laying Off 174 People →

United Technologies Corp. (NYSE: UTX) announced Tuesday that it has completed the divestiture of its Clipper Windpower unit to Platinum Equity. UTC announced in March that it was moving Clipper into discontinued operations in anticipation of a transaction. Terms of the agreement were not disclosed. United Technologies Corp., based in Hartford, Connecticut, is a diversified … Continue reading United Technologies completes Clipper Windpower transaction →