Broadwind Rises on $50 Million Tower Order From U.S. Company

(Bloomberg) — Broadwind Energy Inc., a producer of steel

towers and components for wind farms, climbed the most in almost

two weeks after securing a $50 million order.

Broadwind rose 4.3 percent to $4.14 at 4 p.m. in New York,

the biggest one-day gain since June 12.

The Cicero, Illinois-based manufacturer didn’t identify the

U.S. company that agreed to buy the towers, which will be

produced in factories in Manitowoc, Wisconsin, and Abilene,

Texas, for delivery in 2016, according to a statement Thursday.

“This is a good start to filling out our capacity for

2016, and we are currently in active discussions on additional

orders for 2016 and 2017,” Chief Executive Officer Peter Duprey

said in the statement.

To contact the reporter on this story:

Justin Doom in New York at

jdoom1@bloomberg.net

To contact the editors responsible for this story:

Reed Landberg at

landberg@bloomberg.net

Jim Efstathiou Jr., Steven Frank

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