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It is the largest facility of its kind in the world

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Unformatted text preview: manufacturing job gains can be accounted for by hiring at the Vestas wind tower facility, located southeast of the City of Pueblo. The $250 million facility manufactures the tower sections for wind turbines. It is the largest facility of its kind in the world and has the capacity to manufacture 1,000 towers annually. Housing Pueblo’s housing market has registered a disappointing performance during 2011. During the first eight months of the year, new single-family dwelling permits stood at 90, compared to 153 for the same period of 2010—a 41.2% decrease. The market for sales of existing homes remains stagnant. Data compiled by the Pueblo Association of 118 Realtors reveal that in August 2011, a total of 156 homes were sold, representing a value of $19.3 million. For August 2010, home sales also registered 156; however, the value of homes sold was $20.2 million. The disparity in Pueblo incomes relative to the state is somewhat compensated for by the low cost of housing in the region. The 2010 median sales price for existing Pueblo single-family homes, $1...
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.

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