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Broadwind Energy - Press
 

Press Releases


Broadwind Energy Closes Acquisition of Badger Transport

Naperville, Ill. (June 10, 2008) – Broadwind Energy, Inc. (BWEN-OTC) has finalized its acquisition of Badger Transport, Inc. Badger, Clintonville, Wis., is a heavy hauler that specializes in transporting oversized and overweight components and equipment for the wind energy industry.

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Broadwind Energy To Proceed With Second Closing of Equity Financing

Houston (June 2, 2008) – Broadwind Energy, Inc. (BWEN-OTC), Naperville, Ill., announced today that it has met the conditions required under the Hart Scott Rodino Act to allow the second closing of an investment by Tontine Associates, LLC. The company made the announcement from the floor of the WINDPOWER 2008 Conference & Exhibition in Houston.

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Broadwind Energy Subsidiary, Brad Foote Gear Works, To Expand Wind Gearing Production Capacities

Naperville, Ill. (May 30, 2008) – Brad Foote Gear Works, Inc., a wholly owned subsidiary of Broadwind Energy, Inc., announced today it has purchased 14 additional advanced gear manufacturing systems from Höfler Company, Ettlingen Germany.

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Broadwind Energy Subsidiary, Tower Tech Systems, To Expand Wind Tower Production Capacities

Naperville, Ill. (May 28, 2008) – Broadwind Energy, Inc. (BWEN-OTC) announced today that its wholly-owned subsidiary, Tower Tech Systems, will expand its wind tower manufacturing operations to Sioux Falls, S.D. and Abilene, Texas. Tower Tech Systems currently operates a manufacturing facility in Manitowoc, Wis. that has been producing wind towers since 2004.

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Broadwind Energy Company, R.B.A., Doubles Size and Capacity

Naperville, Ill. (May 20, 2008) Broadwind Energy, Inc. (BWEN-OTC) announced today that its heavy steel fabrication company, R.B.A. Inc., has acquired a second facility that more than doubles the company’s manufacturing space and significantly increases its capacity.

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Broadwind Energy to Acquire Badger Transport

Naperville, Ill. (April 28, 2008) – Broadwind Energy, Inc. (BWEN-OTC) has reached a definitive agreement to acquire Badger Transport, Inc., a heavy hauler based in Clintonville, Wis. Broadwind expects to complete the acquisition, which is subject to customary closing conditions, during the second quarter of 2008.

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Broadwind Energy Raises $100 Million in Equity Financing

Naperville, Ill. (April 25, 2008) – Broadwind Energy, Inc. (BWEN-OTC) announced today it has entered into definitive agreements to raise approximately $100 million through the direct sale of common stock to investment funds managed by Tontine Associates, LLC.

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Broadwind Energy’s Brad Foote Gear Works Announces Long-Term Supply Agreement to Support GE Transportation’s Growing Wind Business

Naperville, Ill. (April 18, 2008) – Broadwind Energy, Inc. (OTC: BWEN) announced today that its wholly owned subsidiary, Brad Foote Gear Works Inc., has signed a three- year, evergreen supply agreement with GE Transportation to provide gear sets for use in wind turbine gearboxes, which GE Transportation builds in Erie, Pa. for the North American market.

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Tower Tech Signs Framework Agreement With Towers And Metallic Structures, A Subsidiary Of Gamesa Technology Corporation, Inc.

Naperville, Ill. (April 15, 2008) – Broadwind Energy, Inc. (BWEN-OTC) announced today that its wholly-owned subsidiary, Tower Tech Systems, Inc., has signed a
framework agreement to supply wind turbine towers to a subsidiary of Gamesa Technology Corporation, Inc., for its North American projects. The G87 78-meter, four- section wind towers will be fabricated in Manitowoc, Wis. with delivery beginning April
2008.

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Reiland Appointed to Broadwind Energy Board of Directors

Naperville, Ill. (April 14, 2008) – Broadwind Energy, Inc. (OTC:BWEN) has appointed
David P. Reiland, chief executive officer and president of Magnetek, Inc. (NYSE: MAG), to its Board of Directors. Reiland will replace Raymond L. Brickner III, who today announced his resignation from the Board.

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Energy Maintenance Service Opens Second Regional Operations Center in Abilene, Texas

Naperville, Ill. (April 8, 2008) – Energy Maintenance Service, LLC (EMS), a Broadwind Energy, Inc. (OTC: BWEN) company, has established a comprehensive wind energy maintenance and service center in Abilene, Texas. The new center has the potential to create more than 80 new jobs in the region and will support satellite operations across Texas and the surrounding states.

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Company Relocates Corporate Headquarters to Chicago, Ill. Area

Naperville, Ill. (March 31, 2008) – Broadwind Energy, Inc. (BWEN-OTC) has promoted Lars Møller to executive vice president and chief operating officer and Matt Gadow to executive vice president and chief financial officer. The company also has relocated its corporate headquarters from Manitowoc, Wis. to Naperville, Ill.

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Tower Tech Holdings Changes Name to Broadwind Energy

Manitowoc, Wis. (March 3, 2008) – Tower Tech Holdings Inc. (TWRT-OTC) has completed a corporate name change to Broadwind Energy, Inc.

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TOWER TECH HOLDINGS INC. ACQUIRES ENERGY MAINTENANCE SERVICE, LLC

MANITOWOC, WI, January 16, 2008 – Tower Tech Holdings Inc. (TWRT) announced today that it has acquired Energy Maintenance Service, LLC, a leading independent operations and maintenance company. EMS’s offerings include erection, operations and maintenance, component-repairs and rebuilding of wind turbines.

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TOWER TECH HOLDINGS INC. STRENGTHENS SENIOR MANAGEMENT TEAM

MANITOWOC, WI, October 22, 2007 – Tower Tech Holdings Inc. (TWRT) has closed the previously announced acquisition of Brad Foote Gear Works, Inc., an Illinois-based manufacturer of gearing systems for the wind turbine, oil and gas and energy-related industries.

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TOWER TECH HOLDINGS INC. COMPLETES ACQUISITION OF BRAD FOOTE GEAR WORKS, INC.

MANITOWOC, WI, October 23, 2007 – Tower Tech Holdings Inc. (TWRT-OTC) announced today that two proven and experienced leaders in the North American wind industry have joined the Company’s leadership team.

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TOWER TECH HOLDINGS INC. ACQUIRES RBA, INC.

MANITOWOC, WI, October 2, 2007 – Tower Tech Holdings Inc. (TWRT) has closed the previously announced acquisition of RBA, Inc., a Manitowoc, Wisconsin-based fabricator of components for energy-related industries. Tower Tech purchased all of the outstanding stock of RBA for $5 million. Tower Tech expects that the acquisition will expand its product portfolio for the wind turbine industry and increase its energy-related fabrication capabilities.

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2008 Electronic Information Kit

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