And Texas is a state with more wind energy production capacity than any other. And if you think that this is bad, Bryce points out that, in addition to PTC, a Shepherds Flat wind project in Oregon backed by General Electric, Google and other companies that is receiving a $490 million Federal Government cash grant will create only 35 permanent jobs, each costing about $14 million. Even counting 400 temporary construction jobs and counting them as permanent ones will calculate out as $1.1 million per job. Anticipating a PTC demise, Siemens AG, a global leader in wind turbine manufacturing, has announced plans to cut more than 600 positions, about 37% of its wind-turbine manufacturing jobs. The reductions include 407 jobs at its Fort Madison, Iowa blade factory, and 147 at its Hutchinson, Kansas factory. Although Siemens doesn't receive a production tax credit, its expiration is expected to reduce customer demands. The company also attributes the layoffs to low natural gas prices and sluggish electricity demand.