Noel Davis
Carmel, IN (USA)
Role(s):
JGC Industries, LLC
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Startup
Location:
Carmel
Industry:
Manufacturing
Year Founded:
2008
Number Employees:
INVALID
Description:
“Watchmaker” is a startup company to manufacture gears for U.S. wind turbines. The U.S. market for wind turbines has grown +45% in 2007, and will continue to grow more than 20% every year through 2020. However, demand for wind turbine main drive gears has outstripped the capacity of suppliers. The market size for wind turbine gears in the U.S. is estimated at one billion USD. This company will be a large maching operation focused onto manufacturing steel gears for the wind turbine market projected to be $100 million in revenue in 5 years with 30% margin.