Broadwind Energy Gets $9 Million Tower Order From U.S. CompanyJustin Doom
Broadwind Energy Inc., a maker of steel towers and other components for wind farms, won a $9 million order from an unidentified U.S. turbine manufacturer.
Broadwind, based in Cicero, Illinois, will produce the towers at its factory in Manitowoc, Wisconsin, for delivery next year, according to a statement today.
“We are nearing the end of 2014 with a solid backlog of tower orders that sets us up with a nice growth trajectory in 2015,” Chief Executive Officer Peter Duprey said in the statement.
The company is expected to reach almost $250 million in sales this year and will surpass $260 million in 2015, according to the average estimate of analysts surveyed by Bloomberg.