Rochester, NY 6/26/2009 9:14:22 PM
Morning Report - BWEN - Broadwind Energy Moves Forward With Business Development and Management Realignment - Sourced WhisperFromWallStreet.com
Broadwind Energy, Inc.
Morning Report - BWEN - Broadwind Energy Moves Forward With Business Development and Management Realignment - Sourced WhisperFromWallStreet.com
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Broadwind Energy, Inc.,BWEN
10.75 Up 2.52 (30.62%) 10:05AM ET
Broadwind Energy, Inc., a leading provider of components, logistics and services to the wind power and broader energy markets, announced today that it has realigned its management team to advance its business development, international and technology efforts.
"Broadwind Energy's focus over the past two years has been on building the premier component and service supplier to the North American wind energy industry," said J. Cameron Drecoll, CEO of Broadwind Energy. "We now look to leverage our success in North America and develop our global footprint. Our new management structure provides the framework for pursuing international business opportunities so that we can better serve our customers, enhance our supply chain and develop additional synergies among our subsidiary companies. In addition, we plan to increase our efforts in developing new technologies that will further enhance the products and services we provide our customers in the wind energy market worldwide."
Last Trade: 10.09
Day's Range: 8.44 - 10.25
52wk Range: 4.20 - 29.00
Volume: 392,090
ABOUT
Broadwind Energy, Inc. provides products and services to the energy and energy-related industries in North America. It manufactures and sells high precision gears for wind turbines; custom-engineered gearing systems for the mining, energy, and industrial sectors; and structural wind towers, internal tower components, and fabricated and machined components, including crane parts and dipper buckets. The company provides services, including grinding and finishing gears and gear sets; steel plate processing; heavy welding; and the custom corrosion protection of components.
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