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Broadwind Energy Announces $8 Million in New Tower Orders

CICERO, Ill., Jan. 14, 2016 (GLOBE NEWSWIRE) -- Broadwind Energy, Inc. (NASDAQ:BWEN) today announced $8 million in new tower orders from a U.S. wind turbine manufacturer. Broadwind will produce these towers in its Manitowoc, Wisconsin facility for 2016 delivery.

Broadwind interim CEO Stephanie Kushner stated, “The production tax credit that was passed just a few weeks ago is having an immediate impact on the industry by bringing late-stage order discussions such as this one to closure.”

About Broadwind Energy, Inc.

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 and industrial weldments, we have solutions for the energy needs of the future. With facilities throughout the central U.S., Broadwind Energy's talented team of approximately 700 employees is committed to helping customers maximize performance of their investments—quicker, easier and smarter. Find out more at www.bwen.com


BWEN INVESTOR CONTACT: Joni Konstantelos, 708.780.4819 joni.konstantelos@bwen.com

Source:Broadwind Energy, Inc.