Broadwind Energy Wins $23 Million Tower Order
The towers will be produced in Broadwind's Manitowoc, Wisconsin facility for delivery during the second half of 2012.
NAPERVILLE, Ill.--Broadwind Energy, Inc. (NASDAQ: BWEN) today announced strong fourth-quarter orders, including a $23 million order for wind turbine towers. The tower order was Broadwind's first order from a leading U.S. wind turbine manufacturer and will encompass towers for various domestic wind projects. The towers will be produced in Broadwind's Manitowoc, Wisconsin facility for delivery during the second half of 2012.
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"Fourth-quarter orders were strong across each of our business segments including gearing, towers and services. We are well positioned for revenue growth in 2012. We are delighted to win our first tower order with a major new customerthis fits with our strategy to further diversify our customer base."
President & CEO Peter Duprey stated, "Fourth-quarter orders were strong across each of our business segments including gearing, towers and services. We are well positioned for revenue growth in 2012. We are delighted to win our first tower order with a major new customerthis fits with our strategy to further diversify our customer base."
About Broadwind Energy, Inc.
Broadwind Energy (NASDAQ: BWEN) applies decades of deep industrial expertise to innovate integrated solutions for customers in the energy and infrastructure markets. From gears and gearing systems for wind, oil and gas and mining applications to wind towers, to comprehensive remanufacturing of gearboxes and blades, to operations and maintenance services, and specialty weldments, we have solutions for the energy needs of the future. With facilities throughout the U.S., Broadwind Energy's talented team of 800 employees is committed to helping customers maximize performance of their investmentsquicker, easier and smarter. Find out more at www.bwen.com.
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