Broadwind Inc - Company Profile

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Broadwind Inc (Broadwind) is a precision manufacturer of structures, equipment, and components. The company offers products such as wind towers and adaptors, mining components, crane components, pressure reduction systems, other frames and structures, pressure vessels for heavy fabrications. It also provides loose gearing and custom gearboxes for gearing, solar inverter racks, solar powered shelters and charging stations for Industrial Solutions. Broadwind offers services such as gearbox repair, heat treat services, precision machining, supply chain solutions, inventory management and knitting and assembly. The company's products serve customers in the energy, mining, and infrastructure sectors, with applications in wind energy, mining, construction, and oil and gas industries. The company has operations in US, focusing on diversifying its customer base and reducing exposure to policy uncertainties. Broadwind is headquartered in Cicero, Illinois, the US.

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Headquarters United States of America

Address 3240 S Central Ave, Cicero, Illinois, 60804-3939


Telephone 1 708 7804800

No of Employees 341

Industry Alternative Energy

Ticker Symbol & Exchange BWEN (NASD)

Revenue (2024) $158.1M 10.4% (2024 vs 2023)

EPS XYZ

Net Income (2024) XYZ 355% (2024 vs 2023)

Market Cap* $46.3M

Net Profit Margin (2024) XYZ 315.0% (2024 vs 2023)

* As of and is in US$
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Broadwind Inc premium industry data and analytics

6

Tenders & Contracts

Detailed insights into open, awarded and pre-solicited tenders and contracts for Broadwind Inc.

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Broadwind Inc’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services
Heavy Fabrications: Gearing:
Wind Towers and Adaptors Gearbox Repair
Mining Components Heat Treat Services
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Contracts/Agreements In January, the company received approximately US$175 million in new tower orders from a global wind turbine manufacturer.
2022 Contracts/Agreements In February, the company announced, it has received two new tower orders of US$13 million and US$16 million from leading global wind turbine manufacturers.
2021 Contracts/Agreements In September, the company announced, it had received over $12 million in new tower orders from multiple wind turbine customers.
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Competitor Comparison

Key Parameters Broadwind Inc Vestas Wind Systems AS Arcosa Inc Trinity Industries Inc Cincinnati Gearing Systems Inc
Headquarters United States of America Denmark United States of America United States of America United States of America
City Cicero Aarhus Dallas Dallas Cincinnati
State/Province Illinois - Texas Texas Ohio
No. of Employees 341 36,973 6,390 6,110 -
Entity Type Public Public Public Public Private
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Executives
Name Position Board Since Age
Cary B. Wood Chairman Executive Board 2022 59
Eric B. Blashford Chief Executive Officer; President Executive Board 2020 61
Thomas A. Ciccone Chief Financial Officer; Vice President Senior Management 2022 51
David P. Reiland Director Non Executive Board 2008 72
Philip J. Christman Director Non Executive Board 2018 62
Non Dignissim Eros Proin vel Convallis 2026 XY
Non Dignissim Eros Proin vel Convallis 2026 XY
Non Dignissim Eros Proin vel Convallis 2026 XY
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