Broadwind Energy
Their recently completed Recapitalization represents a major milestone in our overall plan to produce profitable growth for our investors.
- Company typePublic
- Founded2007
- HeadquartersCicero, United States
- Headcount501–1,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Broadwind Energy does
Broadwind Energy, Inc. provides technologically advanced products and services to energy, mining and infrastructure sector customers, primarily in the United States. The Company’s product and service portfolio provides its wind energy customers, including wind turbine manufacturers, wind farm developers and wind farm operators, with access to a broad array of component and service offerings. The Company’s segments include Towers and Weldments segment, Gearing segment and Services segment. The Towers and Weldments segment specializes in the production of wind turbine towers. The Company engineer, build and remanufacture precision gears and gearing systems for wind, oil and gas, mining and other industrial applications. The Company offers a range of services primarily to wind farm developers and operators. In April 2013, the Company sold its idle tower plant in Brandon, SD.
Broadwind Energy firmographics
Firmographics- Name
- Broadwind Energy
- Legal name
- Broadwind Energy, Inc.
- Website
- http://www.bwen.com/
- Company type
- Public
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Their recently completed Recapitalization represents a major milestone in our overall plan to produce profitable growth for our investors.
- Ownership category
- akta.pro rank
Broadwind Energy industry classification
Industry- Product category
- Industrial Precision Manufacturing
- NAICS
- Engine, Turbine, and Power Transmission Equipment Manufacturing (33361), Engine, Turbine, and Power Transmission Equipment Manufacturing (3336), Other General Purpose Machinery Manufacturing (3339), Other Engine Equipment Manufacturing (333618), Mining and Oil and Gas Field Machinery Manufacturing (33313), Aerospace Product and Parts Manufacturing (33641)
- SIC
- Special Industry Machinery (No Metalworking Machinery) (3550), Special Industry Machinery, Nec (3559), General Industrial Machinery & Equipment (3560), Engines & Turbines (3510), Oil & Gas Field Machinery & Equipment (3533)
- akta.pro primary industry
- Wind Blades, Towers & Foundations Manufacturing (EUAMACAD)
- akta.pro secondary industries
- Renewable Manufacturing Materials & Subcomponents (Glass, EVA/Backsheet, Composites, Magnets) (EUAMAHAL), Cranes, Hoists & Overhead Material Handling (Industrial) (IMAHABAE), Specialized Lifting Systems (Hydraulic Gantries, Strand Jacks, Jacking Systems) (IMAHAJAO)
Keywords
Where Broadwind Energy is headquartered
LocationHeadquarters
- HQ city
- Cicero
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
Broadwind Energy business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Heavy Fabrications: Revenue from manufacturing heavy industrial components, structures and equipment including wind towers, pressure vessels, and large fabricated steel components. Segment facing declining demand as company pivots away from wind tower manufacturing.
- Industrial Gearing (Brad Foote): Revenue from design, manufacturing, repair and rebuild of industrial gears and gearboxes for mining, marine, oil & gas, renewable energy, and other industrial applications. Growing segment driven by AI data center power generation demand.
- Industrial Solutions: Revenue from procurement, supply chain management, kitting and assembly services for gas turbine manufacturers and industrial OEMs. Fastest growing segment with 64% YoY revenue growth, driven by power generation and natural gas turbine verticals.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Standard industrial manufacturing terms |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Broadwind Energy product offering
Product offeringCore offering
Broadwind Energy is a precision manufacturer serving industrial OEMs through three divisions: Heavy Fabrications (full-scope manufacturing of heavy industrial components, structures and equipment at massive scale, including wind towers, pressure vessels, and large fabricated steel components), Brad Foote Gearing (design, manufacturing, repair and rebuild of industrial gears and gearboxes with 100+ years of expertise), and Industrial Solutions (procurement, supply chain management, kitting and assembly services for gas turbine manufacturers and industrial OEMs). The company processes over 100,000 tons of steel annually and serves power generation, mining, oil and gas, defense, infrastructure, marine, and other industrial markets.
Product overview
Broadwind Energy is a precision manufacturer operating through three divisions—Heavy Fabrications, Brad Foote Gearing (Industrial Gears & Gearboxes), and Industrial Solutions—offering large-scale fabrication, industrial gearing, heat treatment, kitting and assembly, procurement and supply chain management, and pressure reducing systems for power generation and critical infrastructure markets. The company serves diverse industries including mining, marine, oil and gas, renewable energy, defense, infrastructure, steel processing, paper and pulp, and heavy construction. Heavy Fabrications provides full-scope manufacturing of massive steel structures and components. Brad Foote Gearing delivers custom industrial gears and gearboxes with over 100 years of expertise. Industrial Solutions manages complex procurement, kitting, assembly, and supply chain services for OEMs.
Differentiator
Problem solved
Functional benefit
Products and services
- Heavy Fabrications Full-scope manufacturing of heavy industrial components, structures and equipment at massive scales including wind towers, pressure vessels, and complex weldments. Services include metal fabrication, industrial coating, painting, assembly, and Design for Manufacturing (DFM). Targeted at industrial OEMs in power generation, oil & gas, infrastructure, defense, marine and heavy construction.
- Industrial Gears & Gearboxes (Brad Foote Gearing) Advanced gear and gearbox solutions including custom manufacturing, gearbox rebuilds, repairs, and replacements. Serves mining, marine, oil and gas, wind energy, infrastructure, and other industrial markets with precision gears ranging from 400mm to 3m. Powered by 100+ years of Brad Foote Gearing expertise.
- Kitting & Assembly Precision kitting and assembly services for gas turbine components, solar installations, and industrial projects. Includes machining, welding, tube bending, fabrication, electromechanical assembly and testing, and inventory management for industrial OEMs.
- Heat Treatment Metal heat treatment services including carburizing, induction hardening, annealing, stress-relieving, quenching, tempering, cryogenic machining, and spheroidizing for metals serving demanding industries including Defense, Power Generation, and Heavy Construction.
- Procurement & Supply Chain Outsourced procurement and supply chain management for industrial OEMs and gas turbine manufacturers. Includes inventory management, global sourcing, fulfillment services, logistics oversight for just-in-time delivery, and electromechanical assembly. Demonstrated supply chain optimization savings of over $1 million for customers.
- Material Handling Expert welding and fabrication for crane, conveyor, and other large-scale material handling components. Services include manufacturing of crane components, enclosed conveyor drives, bulk material handling equipment, apron feeder drives, and planetary gearboxes.
- Design for Manufacturing (DFM) Engineering expertise to optimize component designs for cost, quality, and manufacturing efficiency. Includes design from scratch, reverse engineering, and collaboration with customer design teams to ensure manufacturability for industrial OEMs.
- CNG Decompression / Pressure Reducing Systems Mobile, modular pressure reducing systems for natural gas operations. Available in Medium Flow (M-125, max 185 MSCFH) and High Flow (H-250, max 350 MSCFH) models with off-grid operation capability via CNG-fueled generator. Designed for duel fuel frac, drilling, power generation, and pipeline integrity applications.
Quantifiable outcome
- Industrial Solutions revenue up 64% YoY driven by AI data center-related demand
- +5 more outcomes
Companies that use Broadwind Energy
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles5 records
Broadwind Energy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Broadwind Energy partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- IES Infrastructure (subsidiary of IES Holdings)majorBroadwind's wholly-owned subsidiary, Broadwind Heavy Fabrications, sold its Abilene, Texas wind tower production facility to IES Infrastructure for up to $19.5 million in cash and non-cash consideration. This transaction completed Broadwind's strategic exit from wind tower manufacturing. Approximately 140 wind-related employees transitioned to IES Infrastructure.
Scale indicators14 records
Recent moves9 records
Expansion highlights5 records
Broadwind Energy competitors and assessment
Company assessmentDirect peers
- Graham Corporation: Graham Corporation manufactures precision-engineered heat transfer and pressure vessel equipment for energy, defense, and process industries. Highly comparable to Broadwind's Heavy Fabrications division in serving power generation, defense, and industrial OEMs with engineered-to-order mission-critical components.
- Chart Industries: Chart Industries designs and manufactures cryogenic and process technology equipment for energy, industrial gas, and LNG markets. Comparable to Broadwind's pressure vessel fabrication and gas turbine supply chain exposure, with similar end markets in power generation and industrial processing.
- CIRCOR International: CIRCOR manufactures flow control, pumps, and precision engineered products for industrial and aerospace markets. Comparable precision industrial manufacturer serving similar heavy industrial and process OEM customers with engineered-to-order components.
- Powell Industries: Powell Industries designs and manufactures electrical equipment housings and control systems for power generation, oil & gas, and heavy industrial customers. Direct peer to Broadwind's Industrial Solutions kitting and assembly work for gas turbine OEMs in the power generation market.
- Astec Industries: Astec Industries manufactures specialized equipment for infrastructure, including asphalt plants, mobile material handling, and mining equipment. Comparable to Broadwind's heavy fabrications and material handling equipment serving infrastructure and mining end markets.
- Gorman-Rupp Company: Gorman-Rupp designs and manufactures pumps and fluid handling equipment for industrial, municipal, and oil & gas markets. Comparable precision industrial manufacturer with similar size, B2B industrial OEM customer base, and engineered-to-order project-based revenue model.
- Mueller Industries: Mueller Industries manufactures copper, brass, aluminum, and plastic products serving plumbing, HVAC, industrial, and OEM markets. Similar mid-cap precision industrial manufacturer with comparable revenue scale and customer diversification across industrial verticals.
- TPI Composites: TPI Composites manufactures composite wind blades for major wind turbine OEMs. Former direct peer to Broadwind's wind tower manufacturing operations; both companies have navigated strategic exits/pivots away from wind energy manufacturing into adjacent industrial markets.
- Manitex International: Manitex International manufactures engineered lifting and material handling equipment including cranes and specialized industrial vehicles. Comparable to Broadwind's material handling equipment and crane component fabrication work serving infrastructure and heavy industrial customers.
Broad incumbents
- Regal Rexnord: Regal Rexnord (formerly Rexnord) is a global leader in power transmission including industrial gears, gearboxes, bearings, and couplings. Direct overlap with Brad Foote Gearing's precision industrial gearbox offerings, though Regal operates at significantly larger scale across broader industrial markets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Broadwind Energy social profiles
Digital presenceBroadwind Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Broadwind Energy leadership team
Management profileNumber of profiles
Profiles3 records
Broadwind Energy subsidiaries and ownership
Company hierarchySubsidiaries3 records
Broadwind Energy funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Broadwind Energy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Broadwind Energy
What does Broadwind Energy do?
Broadwind Energy is a precision manufacturer serving industrial OEMs through three divisions: Heavy Fabrications (full-scope manufacturing of heavy industrial components, structures and equipment at massive scale, including wind towers, pressure vessels, and large fabricated steel components), Brad Foote Gearing (design, manufacturing, repair and rebuild of industrial gears and gearboxes with 100+ years of expertise), and Industrial Solutions (procurement, supply chain management, kitting and assembly services for gas turbine manufacturers and industrial OEMs). The company processes over 100,000 tons of steel annually and serves power generation, mining, oil and gas, defense, infrastructure, marine, and other industrial markets.
Is Broadwind Energy a public or private company?
Broadwind Energy is a public company. It is classified as public and is currently operating.
When was Broadwind Energy founded?
Broadwind Energy was founded in 2007. It employs 501 to 1,000 people.
Where is Broadwind Energy based?
Broadwind Energy is headquartered in Cicero, United States, in the North America region.
How does Broadwind Energy make money?
Three revenue lines are on record. Heavy Fabrications are the primary driver. The others are industrial Gearing (Brad Foote) and industrial Solutions.
Who are Broadwind Energy's main competitors?
Direct peers on record are Graham Corporation, Chart Industries, CIRCOR International, Powell Industries, Astec Industries, Gorman-Rupp Company, Mueller Industries, TPI Composites and Manitex International. Regal Rexnord is listed as a broad incumbent.
Does Broadwind Energy have an API?
No public API is recorded for Broadwind Energy.
What industry is Broadwind Energy in?
Broadwind Energy's product category is Industrial Precision Manufacturing. Its primary akta.pro industry code is EUAMACAD, Wind Blades, Towers & Foundations Manufacturing, with a secondary code of EUAMAHAL, Renewable Manufacturing Materials & Subcomponents (Glass, EVA/Backsheet, Composites, Magnets). Its NAICS code is 33361 and its SIC code is 3550.