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Broadwind Energy, Inc. (BWEN) takes Step towards Prominence with $23 Million Tower Order

|Includes: Broadwind Energy, Inc. (BWEN)

Known as a company on the rise, Broadwind applies decades of deep industrial expertise to innovate integrated solutions for customers in the energy and infrastructure markets. Today, Broadwind took a major step towards prominence with the announcement they have received a $23 million tower 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.

Leading the way at Broadwind is Peter Duprey whom serves as the company’s CEO and President. In reference to this press release, 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 customer—this fits with our strategy to further diversify our customer base.”

Currently, Broadwind is trading in the $0.72 range. With this new order and an array of technology within their corporate pipeline, Broadwind Energy is a company on the rise.

To learn more about this press release or the company as a whole, visit their corporate website at: bwen.com

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