Broadwind Announces New Tower Customer Order
Broadwind, Inc. (BWEN)
Last broadwind, inc. earnings: 2/27 07:00 am
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Source: GlobeNewswire
--Adds Major Wind Turbine OEM To Customer Base-- --Company Has Secured Nearly 70% of Full-Year 2020 Production Capacity-- CICERO, Ill., March 17, 2020 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ: BWEN), a diversified precision manufacturer of specialized components and solutions serving global industries, today announced an order from a wind turbine customer, representing a total value of approximately $5 million. With this new customer addition, Broadwind now supplies three global wind turbine manufacturers, further to the Company’s long-term focus on customer diversification. Including this order, Broadwind has approximately 70% of its full-year 2020 production capacity in its backlog. As of Dec. 31, 2019, total backlog was $142.3 million, an increase of more than 48% from the prior-year period. “Tower demand has increased materially over the past year, resulting in improved capacity utilization at our manufacturing facilities. We are pleased with the recent progress made toward
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BWEN
Earnings
- 3/5/24 - Beat
BWEN
Sec Filings
- 4/29/24 - Form 4
- 4/29/24 - Form 4
- 4/29/24 - Form 4
- BWEN's page on the SEC website