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Vestas Wind Systems said late Wednesday it will shut down its research and development offices in Louisville and in two other states, rather than consolidate them in Brighton as it announced less than a month ago... The Danish wind-turbine maker ... Vestas will close its three R&D offices in the United States by the end of the second quarter in 2013.” The other two offices are in Houston and Marlborough, Mass. ... Vestas repeatedly has blamed the pending expiration of a U.S. wind-power production tax credit for weakening demand for its products, leading to job cutbacks. That tax credit, which...

Danish wind turbine maker Vestas will cut 2,335 jobs in a bid to restore profitability after rising costs wiped out its 2011 earnings. Vestas Wind Systems A/S said the cuts, about a tenth of its workforce, would help it reduce costs by more than 150 million euros ($190.3 million) by year-end. Another 1,600 jobs could go at U.S. plants if a tax credit for renewable energy is not extended. The world's biggest wind turbine maker is battling fierce competition, including from Chinese rivals , as well as the threat of subsidy cuts for renewable energy by hard-pressed governments forced to...