Broadwind Energy Announces $87 Million In New Tower Orders

NAW Staff, Monday 15 July 2013 - 12:50:34

Broadwind Energy says it has received an $87 million order for wind turbine towers from a U.S. wind turbine manufacturer.

According to Broadwind, the towers will be produced in its Manitowoc, Wisc. and Abilene, Tex. facilities, with delivery scheduled primarily in 2014. Since the start of 2013, Broadwind has recorded $200 million in new tower orders. 

In the same release, Broadwind notes that a $34 million order, which was placed in late 2010, has been canceled by mutual agreement with a longstanding customer, due to a reduction in their U.S. requirements.

"Broadwind's tower business continues to benefit from the rebound of the U.S. wind energy industry as a result of the production tax credit extension and the continuing decline in the cost of electricity from wind energy," said Peter C. Duprey, president and CEO of Broadwind Energy. "As we continue to meet the demand for domestically produced wind towers, we have now extended our market visibility well into 2014."


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