2.83
+5.20%
Close of 9 Nov 2026, in USD
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About Broadwind
From its filings with the US Securities and Exchange Commission
Broadwind is based in Cicero, Illinois and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker BWEN. The SEC classifies its business as nonferrous foundries (castings). In the fiscal year to 31 December 2025, it reported revenue of $158.1m and net income of $5.2m. At that date it held total assets of $116.8m and shareholders' equity of $66.3m.
Broadwind is a precision manufacturer of structures, equipment and components for power generation, critical infrastructure, and other specialized applications. We provide technologically advanced high value products to customers with complex systems and stringent quality standards that operate in energy, mining and infrastructure sectors, primarily in the United States of America (the “U.S.”). Our capabilities include but are not limited to the following: heavy fabrications, welding, metal rolling, coatings, gear cutting and shaping, gearbox manufacturing and repair, heat treatment, precision machining, assembly, engineering and packaging solutions.
We were incorporated in 1996 in Nevada as Blackfoot Enterprises, Inc., and through a series of subsequent transactions, became Broadwind Energy, Inc., a Delaware corporation, in 2008. Through acquisitions in 2007 and 2008, we focused on expanding upon our core platform as a wind tower manufacturer, established our Gearing segment, and developed and broadened our industrial fabrications capabilities. In early 2017, we acquired Red Wolf Company, LLC, a kitter and assembler of industrial components primarily supporting the global gas turbine market. In 2020, we rebranded to Broadwind, Inc., a reflection of our diversification progress to date and our continued strategy to expand our product and customer diversification outside of wind energy. Effective with our 2020 rebranding, we renamed certain segments.
Quoted from its 10-K, filed 11 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Industrials
- Industry
- Electrical Equipment
- Listed since
- 29 Mar 2004
- Employees
- 512
- Website
- bwen.com ↗
- Head office
- 3240 S. CENTRAL AVENUE, CICERO, IL, 60804
- Incorporated in
- DE
- Classification
- Nonferrous Foundries (Castings)
- Filer status
- Non-accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Mr. Cary WoodIndependent Chairman of the Board$74,999
- Mr. Eric BlashfordPresident, Chief Executive Officer, Director, since 2014$877,649
- Mr. Thomas CicconeChief Financial Officer, Vice President$401,022
- Mr. Gilbert MayoPresident of Broadwind Industrial Solutions, LLC
- Mr. Philip ChristmanIndependent Director$74,999
- Ms. Jeanette PressIndependent Director$74,999
- Mr. David ReilandIndependent Director, since 2008$74,999
- Mr. Sachin ShivaramIndependent Director$74,999
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 39
- Environment
- 31
- Social
- 30
- Governance
- 56
- Human rights policy
- No
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Broadwind Inc has several key strengths that contribute to its competitive advantage in the market. These strengths include:
Weaknesses
- Despite its strengths, Broadwind Inc also faces certain weaknesses that need to be addressed to ensure sustained growth. These weaknesses include:
Opportunities
- Broadwind Inc can leverage various opportunities to enhance its market position and improve profitability. These opportunities include:
Threats
- Broadwind Inc needs to be aware of potential threats that could impact its business operations and profitability. These threats include:
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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