Bjay, you wrote:

My question is these turbine blades could last for fifty years and almost never have to be replaced .I dont know how many are already setup in Ontario but there is a lot of them ,how many do we need. I feel that who ever is building these blades now will soon have the market oversupplied and Samsung will not be interested in expanding to Ontario .Leaving Mr Mcguinty behind the curve .How is that going to help the thousands of laid off steel workers in Hamilton .

He also says that Ontario builds more cars than anywere else (undetermined).If this were so our steel workers would not be on lay off.

BJay,

Samsung's revenue's last year were 135.8 billion. What does that say about the company? They are dynamic, innovative and smart.

Now, they think investing 7 billion dollars in Ontario is a good thing. They stated "Samsung C&T and KEPCO will support the development of local infrastructure for the renewable energy industry by constructing production facilities to provide key components, such as blades, wind towers, solar modules and inverters."

Based on their overall 135.8 billion dollars of revenues last year and their continual standard of excellence. ...I will assume they did their homework ...on Ontario and windpower in general.

Wind Turbine (WTG) Companies are increasingly facing competition from a host of new entrants into the industry.The dominants firms like Vestas,Gamesa,GE,Siemens and Suzlonhave seen their stock prices fall steeply due to declining revenues and margins.A number of Giant Industrial Firms have entered the Wind Energy Industry to diversify from the slow growth in their own sectors.Korean Shipbuilders have invested heavily in the Wind Turbine Manufacturing en masse to take advantage of the secular growth of Wind Energy.Chinese companies have risen from virtually nothing 5 years ago to become Top 5 Global Wind Energy Players.The Chinese companies have seen massive growth on the back of a strongly growing domestic market.China which now accounts of 50% of the world Wind Turbine market in 2010 is expected to see continued strong growth with the Chinese government setting a target of more than 100 GW by 2015.

You mention helping steel workers in Ontario?

http://www.businesswire.com/news/home/20110125005248/en

http://www.businesswire.com/news/home/20110114005105/en

http://www.businesswire.com/news/home/20110114005105/en

Speaking of steel and the car industry, this came out today:

http://www.thestar.com/news/article/1062464

You speak of Hamilton and laid off steel workers.

ArcelorMittal Dofasco steel is sold to construction customers throughout North America. In the construction industry, our products are used in many applications -- from Galvanized and GalvalumeTM in steel framing(one of our largest-growing construction sectors) -- to Plain or PrepaintedGalvanized or GalvalumeTM for cladding and Pre-Engineered buildings.