TPI Composites Inc - Company Profile

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TPI Composites Inc (TPI) is a provider of wind energy products and composite materials. The company designs and manufactures composite wind blades and provides single source solutions to the global wind turbine manufacturers. It provides precision molding and assembly systems used for wind blades to original equipment manufacturers. TPI also designs and manufactures composite solutions for the transportation industry and inspection and repair services. The company has its operations and manufacturing facilities across the US, China, Mexico, India, Germany, Denmark, Spain and Turkey. Few of its wind blade customers include GE Renewable Energy, Vestas, Enercon and Nordex. TPI is headquartered in Scottsdale, Arizona, the US.

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Headquarters United States of America

Address Gainey Center Ii, Suite 280, 8501 N Scottsdale Road, Arizona, 85253


Telephone 1 480 3058910

No of Employees 12,300

Industry Alternative Energy

Ticker Symbol & Exchange TPIC (NASD)

Revenue (2022) $1.5B -4.4% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ -209% (2022 vs 2021)

Market Cap* $120.9M

Net Profit Margin (2022) XYZ -223.3% (2022 vs 2021)

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

13+

Tenders & Contracts

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

1

ICT Spend & Tech Priorities

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

Products and Services

Products Services
Wind Energy Products Wind Blade Inspection and Repair
Composite Materials Engineering and recycling services
Wind Blades
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
2024 Contracts/Agreements In January, the company expanded its agreement with GE Vernova to produce GE Vernova’s wind turbine blade for the US market.
2023 Contracts/Agreements In December, the company and Nordex expanded their supply agreements to introduce two lines of manufacturing capacity.
2023 Contracts/Agreements In January, the company collaborated with WindSTAR to design a composite manufacturing process based on a digital twin approach.
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Competitor Comparison

Key Parameters TPI Composites Inc Sinoma Science & Technology Co Ltd Aeris Industria e Comercio de Equipamentos para Geracao de Energia SA Bayview Composites LLC Lianyungang Zhongfu Lianzhong Composites Group Co Ltd
Headquarters United States of America China Brazil United States of America China
City Scottsdale Beijing Caucaia Mount Vernon Lianyungang
State/Province Arizona Beijing - Washington Jiangsu
No. of Employees 12,300 24,135 6,144 - -
Entity Type Public Public Public Private Private
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Executives
Name Position Board Since Age
Steven C. Lockard Chairman Executive Board 2020 -
William E. Siwek Director; President; Chief Executive Officer Executive Board 2020 60
Ryan Miller Chief Financial Officer Senior Management 2022 48
Adan Gossar Chief Accounting Officer Senior Management 2020 -
Theo Gibson Chief Information Officer Senior Management 2019 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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