Broadwind Energy Welcomes the Final ITC Determinations
CICERO, Ill. -- January 18, 2013
Broadwind Energy, Inc. (NASDAQ: BWEN) made the following statement with
respect to the U.S. International Trade Commission’s (ITC) determinations
regarding its final phase anti-dumping and countervailing duty investigations
concerning utility scale wind towers from China and Vietnam.
Peter C. Duprey, president and CEO of Broadwind Energy, Inc., stated, “As one
of the largest U.S. suppliers of wind towers, Broadwind is pleased with the
ITC’s finding that the U.S. wind industry has been materially impacted by
Chinese and Vietnamese imports sold at less than fair value. With supply and
demand for wind towers in the U.S. coming into better balance, the imposition
of final anti-dumping and/or countervailing duty orders on these products will
support fair competition and further development in wind, and the retention of
jobs in the sector. Broadwind continues to be committed to the wind industry
and to serving our customers’ tower needs.”
About Broadwind Energy
Broadwind Energy (NASDAQ: BWEN) applies decades of deep industrial expertise
to innovate integrated solutions for customers in the energy and
infrastructure markets. From gears and gearing systems for wind, oil and gas
and mining applications to wind towers, to comprehensive remanufacturing of
gearboxes and blades, to operations and maintenance services, and industrial
weldments, we have solutions for the energy needs of the future. With
facilities throughout the U.S., Broadwind Energy's talented team of 800
employees is committed to helping customers maximize performance of their
investments—quicker, easier and smarter. Find out more at www.bwen.com.
Broadwind Energy, Inc.
John Segvich, 708-780-4825
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