MFG Announces Opening of New Manufacturing Facility to Support GE Energy's Growing Wind Business

Facility Will Help GE Energy Meet Wind Industry Demands

The new facility will be owned by the Aberdeen Development Corporation (ADC), and leased and operated by Molded Fiber Glass Companies (MFG), representing a $40 million investment and the creation of up to 750 new jobs. The facility will also enable MFG to increase the volume of wind turbine blade sets being supplied to GE Energy, starting in 2008.

Telvent (NASDAQ: TLVT), the IT company for a sustainable and secure world, announces the launch of the Smart Grid Solution Suite. Telvent Energy's electric utility sector activities and global strategic business development focus has led to the launch of the Smart Grid Solution Suite initiative, which will help utilities transform their grid into one that distributes electricity more efficiently, economically, reliably, and securely.

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