Loading...
Loading...
Broadwind Energy
BWEN announced today that it has been
awarded tower orders totaling approximately $37 million from two U.S.
wind turbine manufacturers, for manufacture beginning in late 2012 and
extending well into 2013. The towers will be produced in the Company's
Manitowoc, WI facility.
Peter C. Duprey, president and CEO of Broadwind Energy, Inc., stated,
“The market for wind towers in the U.S. is coming into balance. 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. In 2011, we at
See full press release© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in