AERPAC

Founded in 1989 after a management buyout of the wind turbine division of large Dutch engineers, Ventilatoren Stork Howden, Aerpac became one of the world's leading blade manufacturers during the 1990s. In 1995 it opened a new production facility in Almelo, and in 1998 it doubled production capacity again. At that time it held a 15% share of the world market for wind turbine rotor blades. Aerpac's strategy has been to localise production. It set up a joint venture in Spain, Aretusia, in 1995, opened a production line near Edinburgh in Scotland in 1996, and founded Aerpac UK with a staff of 130 in 1997. After the 2001 bankruptcy multiple new ventures were spun off by its former employee's and part of the activities was continued by other companies.