BWEN Awarded $11 Million in New Tower Orders

Broadwind Awarded $11 Million in New Tower Orders

CICERO, Ill., Aug. 23, 2022 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ: BWEN), a diversified precision manufacturer of specialized components and solutions serving global industries, today announced that the Company has received $11 million in new tower orders from a leading global wind turbine manufacturer.

Broadwind will manufacture the tower sections at its Abilene, Texas facility. The Company expects to complete production on the order between the fourth quarter 2022 and the first quarter 2023, with most of the revenue resulting from the order being recognized in the first quarter 2023.

“We are pleased to announce this important wind tower order with a major OEM customer, one that will support improved plant utilization during the latter half of 2022,” stated Eric Blashford, President and CEO of Broadwind. “As policy uncertainty abates and visibility around the Production Tax Credit improves, we anticipate a gradual recovery in tower demand over the coming the quarters. At the same time, we continue to build our presence in non-wind industries where our proven technical capabilities and turnkey solutions create measurable value for our customers.”


Broadwind (NASDAQ: BWEN) is a precision manufacturer of structures, equipment and components for clean tech and other specialized applications. With facilities throughout the U.S., our talented team is committed to helping customers maximize performance of their investments—quicker, easier and smarter. Find out more at


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