Broadwind finalizes $11.7M sale of S.D. wind-tower plant

04/22/2013 | WindpowerMonthly.com (U.K.)

Broadwind Energy has completed the sale of its idled wind-tower manufacturing plant in Brandon, S.D., for $11.7 million. The sale "was an important part of our strategy to reduce our production footprint in line with longer term expected wind tower demand and our strategy to diversify our industry concentration," said President and CEO Peter Duprey. The company's two remaining plants "will be sufficient to support production of towers to meet customer demand for the next several years," Duprey said.

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