Fox Lake Towing and Recovery

In a sign that large fossil-fuel power plants may be falling out of favor, French engineering company Alstom on Monday announced plans to cut 4,000 jobs in the next 17 months. Alstom cited low demand for its coal and natural-gas plants. Its renewable-energy operations won’t be affected by the cuts.

Continue reading Alstom to Power Down Its Power Plant Work Force

Alstom to Power Down Its Power Plant Work Force originally appeared on DailyFinance on Mon, 04 Oct 2010 20:00:00.

Filed Under: Energy, Company News, Economy