Broadwind Energy Nets $37M Wind Tower Order

NAW Staff, Thursday 18 October 2012 - 12:17:32

Broadwind Energy Inc. says it has been awarded tower orders totaling approximately $37 million from two U.S. wind turbine manufacturers.

The towers will be manufactured beginning late this year and extending well into 2013. They will be produced at the company's Manitowoc, Wis., facility.

"The market for wind towers in the U.S. is coming into balance," says Peter C. Duprey, president and CEO of Broadwind. "Due to the pending expiration of the production tax credit, and the wind tower trade case, a number of competitors - both foreign and domestic - have exited the market or repurposed some of their production assets. This has improved the balance between supply and demand."





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