Tuesday, March 15, 2011 8:54:35 AM
BWEN nice Q and good contract news, up in pm...
Goldwind Selects Broadwind to Supply Towers for Shady Oaks Project
Experience, flexibility and location made Broadwind the choice for tower localization by China’s leading wind energy company
NAPERVILLE, Ill.--(BUSINESS WIRE)-- When Goldwind USA, Inc. needed a local, experienced partner to produce its 85 meter wind turbine towers in North America it turned to Broadwind Energy, Inc. (NASDAQ:BWEN - News). Goldwind selected Broadwind to supply approximately 70 wind turbine towers for its Shady Oaks project in Lee County, Illinois, set for installation during the second half of 2011.
Tim Rosenzweig, chief executive officer of Goldwind USA, Inc. stated, “While proximity to the project and an ability to generate opportunity for the local wind industry certainly played a role in our decision, experience, high quality and a proven track record of success were key factors in selecting Broadwind as our tower partner for the Shady Oaks project.”
With almost 800 towers produced to date, Broadwind is a leading U.S. producer of multi-megawatt wind turbine towers. The first in the U.S. to manufacture 100-meter towers, Broadwind applies existing talent to a new American challenge, tapping deep roots in steel fabrication to create the tall steel towers that enable turbines to capture maximum wind energy. Broadwind will produce the wind turbine towers for Goldwind USA’s Shady Oaks project at its Manitowoc, Wisconsin facility, which employees about 275 people.
“We are delighted with Goldwind’s decision to select Broadwind to produce towers for its first utility-scale project in the Americas,” said Peter C. Duprey, president and chief executive officer of Broadwind Energy. “Flexibility, quality and customer focus have been a foundation of our tower business, which has enabled us to work with a diverse set of domestic and international customers. Our partnership on this project is an ideal example of how U.S. and Chinese companies can work together to make the wind industry stronger while creating economic opportunity locally.”
About Broadwind Energy, Inc.
Broadwind Energy (NASDAQ:BWEN - News) applies decades of deep industrial expertise to innovate integrated solutions for customers in the energy and infrastructure markets. From gears to wind towers, to comprehensive remanufacturing of gearboxes and blades, to operations and maintenance services, and heavy industries, we have solutions for the energy needs of the future. With facilities throughout the U.S., Broadwind Energy's talented team of more than 800 employees is committed to helping customers maximize performance of their investments—quicker, easier and smarter. Find out more at www.bwen.com.
About Goldwind USA, Inc.
Chicago-based Goldwind USA was established in early 2010 and is a wholly owned subsidiary of Xinjiang Goldwind Science & Technology Co., Ltd. Goldwind USA leverages a global network of facilities and partnerships to offer a variety of wind power solutions including sales, manufacturing, operations and other services to customers throughout the Americas. With offices and facilities throughout Asia, Europe and the Americas, Xinjiang Goldwind Science & Technology Co., Ltd is ranked among the leading wind turbine manufacturers in the world.
Goldwind Selects Broadwind to Supply Towers for Shady Oaks Project
Experience, flexibility and location made Broadwind the choice for tower localization by China’s leading wind energy company
NAPERVILLE, Ill.--(BUSINESS WIRE)-- When Goldwind USA, Inc. needed a local, experienced partner to produce its 85 meter wind turbine towers in North America it turned to Broadwind Energy, Inc. (NASDAQ:BWEN - News). Goldwind selected Broadwind to supply approximately 70 wind turbine towers for its Shady Oaks project in Lee County, Illinois, set for installation during the second half of 2011.
Tim Rosenzweig, chief executive officer of Goldwind USA, Inc. stated, “While proximity to the project and an ability to generate opportunity for the local wind industry certainly played a role in our decision, experience, high quality and a proven track record of success were key factors in selecting Broadwind as our tower partner for the Shady Oaks project.”
With almost 800 towers produced to date, Broadwind is a leading U.S. producer of multi-megawatt wind turbine towers. The first in the U.S. to manufacture 100-meter towers, Broadwind applies existing talent to a new American challenge, tapping deep roots in steel fabrication to create the tall steel towers that enable turbines to capture maximum wind energy. Broadwind will produce the wind turbine towers for Goldwind USA’s Shady Oaks project at its Manitowoc, Wisconsin facility, which employees about 275 people.
“We are delighted with Goldwind’s decision to select Broadwind to produce towers for its first utility-scale project in the Americas,” said Peter C. Duprey, president and chief executive officer of Broadwind Energy. “Flexibility, quality and customer focus have been a foundation of our tower business, which has enabled us to work with a diverse set of domestic and international customers. Our partnership on this project is an ideal example of how U.S. and Chinese companies can work together to make the wind industry stronger while creating economic opportunity locally.”
About Broadwind Energy, Inc.
Broadwind Energy (NASDAQ:BWEN - News) applies decades of deep industrial expertise to innovate integrated solutions for customers in the energy and infrastructure markets. From gears to wind towers, to comprehensive remanufacturing of gearboxes and blades, to operations and maintenance services, and heavy industries, we have solutions for the energy needs of the future. With facilities throughout the U.S., Broadwind Energy's talented team of more than 800 employees is committed to helping customers maximize performance of their investments—quicker, easier and smarter. Find out more at www.bwen.com.
About Goldwind USA, Inc.
Chicago-based Goldwind USA was established in early 2010 and is a wholly owned subsidiary of Xinjiang Goldwind Science & Technology Co., Ltd. Goldwind USA leverages a global network of facilities and partnerships to offer a variety of wind power solutions including sales, manufacturing, operations and other services to customers throughout the Americas. With offices and facilities throughout Asia, Europe and the Americas, Xinjiang Goldwind Science & Technology Co., Ltd is ranked among the leading wind turbine manufacturers in the world.
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