Profile: Broadwind Energy Inc (BWEN.OQ)
Broadwind Energy, Inc., incorporated on June 20, 2008, provides technologically advanced products and services to energy, mining and infrastructure sector customers, primarily in the United States. The Company is engaged primarily in United States wind energy industry. The Company operates through two segments: Towers and Weldments, and Gearing. Within the United States wind energy industry, it provides products and services to wind turbine manufacturers. It also provides precision gearing and specialty weldments to a range of industrial customers for oil and gas, mining, steel and other industrial applications.
Towers and Weldments
The Company's Towers and Weldments segment manufactures towers for wind turbines, specifically the large and heavier wind towers that are designed for multiple megawatt (MW) wind turbines. The Company's production facilities are located in Manitowoc, Wisconsin and Abilene, Texas. The facilities have a combined annual tower production capacity of approximately 500 towers, sufficient to support turbines generating over 1,000 MW of power. The segment also encompasses the manufacture of specialty fabrications and specialty weldments for mining and other industrial customers.
The Company's Gearing segment engineers, builds and remanufactures precision gears and gearing systems for oil and gas, wind energy, mining, steel and other industrial applications. The Company uses an integrated manufacturing process, which includes machining and finishing processes in Cicero, Illinois, and heat treatment in Neville Island, Pennsylvania.
The Company competes with Trinity Industries, Vestas Wind Systems, Marmen Industries, Overton Chicago Gear, Cincinnati Gearing Systems, Merit Gear, Milwaukee Gear and Horsburgh & Scott.
Broadwind Energy Inc
3240 S Central Ave
CICERO IL 60804-3939
Company Web Links
- BRIEF-Broadwind Energy Q1 Loss Per Share $0.32 From Continuing Operations
- BRIEF-Broadwind Energy Names Eric Blashford As Chief Operating Officer
- BRIEF-Broadwind Energy Consolidated Q1 2018 Orders Totaled $26 Mln
- BRIEF-Broadwind Energy Reports Q4 Loss Per Share of $0.45 From Continuing Operations
- BRIEF-Broadwind Energy, Unit Entered Into Amendment To Loan & Security Agreement