Broadwind Energy Plans Expansion of Gearbox Refurbishment Capabilities
(March 1, 2010) - NAPERVILLE, Ill., March 1, 2010—Broadwind Energy, Inc. (NASDAQ:BWEN) today announced that it is expanding its portfolio of Precision Repair and Engineering services with enhanced megawatt (MW) gearbox refurbishment capabilities. For MW-scale wind turbines in North America, gearbox repair and refurbishment have traditionally been performed outside the U.S. by non-domestic sources. Broadwind believes it will be the first independent supplier of wind energy products and services to offer enhanced MW gearbox repair and refurbishment capabilities in North America.
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Broadwind Energy to release fourth-quarter and year-end 2009 results on March 12
(February 26, 2010) - Broadwind Energy, Inc. (NASDAQ:BWEN) will announce fourth-quarter and year-end 2009 results before the market opens on Friday, March 12, 2010.
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Broadwind Energy Announces Closing of Offering of Common Stock
(January 22, 2010) - NAPERVILLE, Ill., January 22, 2010—Broadwind Energy, Inc. (NASDAQ: BWEN) announced today that it has completed its previously announced public offering of common stock, par value $0.001 per share, at an offering price of $5.75 per share. In the offering, Broadwind sold 10,000,000 newly issued shares, Tontine Capital Partners, L.P., and certain of its affiliated funds, sold a combined total of 6,125,000 shares and Broadwind’s CEO, J. Cameron Drecoll, sold 1,125,000 shares. The sales included all shares subject to the underwriters' over-allotment option.
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Broadwind Energy Announces Pricing of Offering of Common Stock
(January 15, 2010) -
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Broadwind Energy Commences Public Offering of Common Stock
Naperville, Ill. (January 6, 2010) - Broadwind Energy, Inc. (Nasdaq: BWEN) today announced that it has commenced an underwritten public offering of 15,000,000 shares of common stock, par value $0.001 per share. In this offering, Broardwind will sell 10,000,000 newly issued shares and Tontine Capital Partners, L.P., and certain of its affiliated funds, will sell a combined total of 5,000,000 shares.
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Broadwind Energy Appoints Paul Seppanen to Lead Technical Services and Precision Repair and Engineering Services Offerings
Naperville, Ill. (December 2, 2009) - Broadwind Energy, Inc. (Nasdaq: BWEN) announced that effective Nov. 30, 2009, Paul Seppanen has been appointed to lead Broadwind’s efforts to provide innovative technical services and precision repair and engineering services for wind energy customers across North America.
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Broadwind Energy Files Registration Statement for Common Share Offering
Naperville, Ill. (October 30, 2009) - Broadwind Energy, Inc. (Nasdaq: BWEN) today announced that it has filed a registration statement with the Securities and Exchange Commission relating to a proposed public offering of 15,000,000 shares of its common stock.
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Broadwind Energy Reports Third Quarter 2009 Revenue of $59.5 Million
Naperville, Ill. (October 30, 2009) - Broadwind Energy, Inc. (Nasdaq: BWEN) reported a third-quarter net loss of $4.9 million or $.05 per basic and diluted share on revenue of $59.5 million. This compares with a loss of $0.08 per share on revenue of $63.7 million in the third quarter of 2008.
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Broadwind Energy Reports Second Quarter 2009 Results
Naperville, Ill. (June 23, 2009) - Broadwind Energy, Inc. (Nasdaq: BWEN), a leading provider of components, logistics and services to the wind power and broader energy markets, today reported results for the quarter ended June 30, 2009, highlighted by a 28% increase in revenues to $52.3 million, compared to revenues of $40.8 million for the second quarter of 2008.
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Broadwind Energy Announces Appointment of Stephanie Kushner as Chief Financial Officer
Naperville, Ill. (June 23, 2009) - Broadwind Energy, Inc. (Nasdaq: BWEN), a leading provider of components, logistics and services to the wind power and broader energy markets, today announced that Stephanie Kushner has been named chief financial officer effective Aug. 15, 2009.
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Broadwind Energy Advances Business Development, International and Technology Efforts through Management Realignment
Naperville, Ill. (June 23, 2009) - Broadwind Energy, Inc. (Nasdaq: BWEN), a leading provider of components, logistics and services to the wind power and broader energy markets, announced today that it has realigned its management team to advance its business development, international and technology efforts.
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Broadwind Energy Subsidiary Tower Tech Holds Ribbon-Cutting Ceremony at Texas Facility
Naperville, Ill. (June 9, 2009) - Broadwind Energy, Inc. (Nasdaq: BWEN), a leading provider of components, logistics and services to the wind power and broader energy markets, held a ribbon-cutting ceremony today at the newly constructed Abilene, Texas tower manufacturing facility of its subsidiary, Tower Tech Systems Inc.
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Broadwind Energy Announces First Quarter 2009 Results Highlighted by 51% Revenue Growth
Naperville, Ill. (May 12, 2009) - Broadwind Energy, Inc. (NASDAQ: BWEN), a leading provider of components, logistics and services to the wind power and broader energy markets, today reported first quarter results for the period ended March 31, 2009, highlighted by revenues of $53.1 million, compared to revenues of $35.2 million for the period ended March 31, 2008, an increase of 51%.
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Broadwind Energy Announces Appointment of Stephen Graham as Interim CFO
Naperville, Ill. (May 1, 2009) - Broadwind Energy, Inc. (Nasdaq: BWEN), a leading provider of components, logistics and services to the wind power and broader energy markets, today announced that Stephen Graham has been named Interim Chief Financial Officer effective May 1, 2009.
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Broadwind Energy Announces NASDAQ Global Select Market Listing
Naperville, Ill. (March 20, 2009) - Broadwind Energy, Inc. (OTC-BB: BWEN), a leading provider of components, logistics and services has been approved for listing on the NASDAQ Global Select Market.
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Broadwind Energy Strengthens Board of Directors with Appointment of William T. Fejes
Naperville, Ill. (March 20, 2009) - Broadwind Energy, Inc. (OTC-BB: BWEN) has appointed William T. Fejes, Jr. to its Board of Directors.
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Broadwind Energy Reports 2008 Forth Quarter Results
Naperville, Ill. (March 17, 2009) - Broadwind Energy, Inc. (OTC-BB: BWEN), a leading provider of components, logistics and services to the wind power and broader energy markets, today announced results for its fourth quarter and fiscal year ended December 31, 2008. The company announced full-year revenues of 217.3 million, up from revenues of 29.8 million in 2007. For the 2008 fourth quarter, revenues grew to $77.6 million, compared to 21.8 million in revenues for the same period in 2007.
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Broadwind Energy Reports 2008 Third Quarter Results
Naperville, Ill. (November 17, 2008) - Broadwind Energy, Inc. (OTC-BB: BWEN), a leading provider of components, logistics and services to the wind power and broader energy markets, today reported their results for the quarter and nine-month periods ended September 30, 2008. Quarterly revenues were $64.5 million, up from $40.8 million in the second quarter of fiscal 2008 and up from $3.1 million in the third quarter of 2007.
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Broadwind Energy Retains Investor Relations Firm Lambert, Edwards & Associates
Naperville, Ill. (October 27, 2008) - Broadwind Energy, Inc. (OTCBB: BWEN), a leading producer of components, logistics and service for the wind power industry, today announced it has retained Lambert, Edwards & Associates, Inc. (LE&A) to manage its investor relations activities.
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Broadwind Energy Announces Service Platform Leadership
Naperville, Ill. (September 25, 2008) - Broadwind Energy, Inc. (OTC-BB: BWEN), today announced the structure and new leadership to support its Service Platform strategy to become the premier service provider in the North American wind and alternative energy industry. Peter Dawes has been appointed President of Broadwind's service platform and Jess Collins as Vice President, Heavy Manufacturing and Transportation Services.
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Broadwind Energy Introduces New Operating Leadership Structure
Naperville, Ill. (September 18, 2008) - Broadwind Energy, Inc. (OTC-BB: BWEN), today announced an expanded organizational structure and leadership team to support its drive to become the premier component and service provider in the North American wind and alternative energy industry. The new structure will be comprised of key operating platforms, including: Towers, Service, Gearing, Transportation and Heavy Fabrication.
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Broadwind Energy to Supply Integrated Tower Solution to Nordex USA
Naperville, Ill. (August 19, 2008) - Broadwind Energy, Inc. (OTC-BB: BWEN) announced today that its wholly-owned subsidiary, Tower Tech Systems, Inc., has signed a contract with Nordex USA, Inc. to manufacture wind tower sections. Another Broadwind subsidiary, Badger Transport, Inc., received a contract to deliver the sections to various Texas locations for Nordex.
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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, TX (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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