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.
Broadwind Inc premium industry data and analytics
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 |
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. |
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 |
Key Financial Charts
Sales Growth
Net Income Growth
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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