(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.
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Jim Efstathiou Jr., Steven Frank