Broadwind Energy Celebrates Opening of Drivetrain Service Center in Abilene, Texas

Localizes, enhances wind turbine gearbox remanufacturing in North America

ABILENE, Texas--()--Marking a milestone that exemplifies how more wind power means more jobs, Broadwind Energy, Inc. (NASDAQ: BWEN) celebrated the opening of its wind turbine drivetrain service center in Abilene, Texas.

At this new state-of-the-art facility, Broadwind integrates engineering, disassembly, clean assembly and 3 MW full-load testing of wind turbine gearboxes with 500 MW of annual throughput capability. That’s good news for the wind power industry in Texas, which leads the nation in installed wind capacity. Texas, in fact, recently passed the 10,000-MW mark—a quarter of the United States’ total installed wind capacity.

The new Broadwind drivetrain service center is expected to employ about 60 people at full capacity. Also indicative of how wind power can inject new manufacturing life into a community: the drivetrain facility once served as a Lockheed Martin manufacturing plant. The renovated and expanded facility represents a $7 million investment by Broadwind Energy.

“At the rate Texas has been installing wind power, Broadwind Energy’s new wind turbine drivetrain service center couldn’t have come sooner,” said Denise Bode, CEO of the American Wind Energy Association (AWEA). “There’s a reason why Broadwind is adding more jobs in Texas—because the Lone Star State knows energy, and it has embraced wind power. Through its new center, Broadwind Energy is providing an integral service within the dynamic wind energy value chain, right here in America. This facility is another example of the many jobs and economic benefits the wind industry is bringing to this country.”

Peter C. Duprey, Broadwind Energy president and CEO, commented: “Texas is the wind capital of North America and customers are focused on keeping their turbines running in the most cost-effective manner possible to support domestic clean energy demands. From gearboxes to blades, to operations and maintenance, our dedicated technicians here in our Abilene remanufacturing service center put our unique combination of gearing expertise and service capability to work for customers—every day.”

Bode, Abilene Development Corporation CEO Richard Burdine, and other dignitaries joined Duprey to cut the ribbon, marking the official opening of the 60,000 square foot drivetrain service center.

Said Burdine: “We are excited to continue to bring clean energy jobs to Abilene. Broadwind’s energy expertise is a boon to wind farm developers and operators, and the Abilene area.”

In addition to a full set of gearbox services, Broadwind’s Abilene Wind Turbine Services Center provides blade services and operations and maintenance services to the wind energy industry.

About Broadwind Energy, Inc.

Broadwind Energy (NASDAQ: BWEN) applies decades of deep industrial expertise to innovate integrated solutions for customers in the energy and infrastructure markets. From gears to wind towers, to comprehensive remanufacturing of gearboxes and blades, to operations and maintenance services, and heavy industries, we have solutions for the energy needs of the future. With facilities throughout the U.S., Broadwind Energy's talented team of more than 800 employees is committed to helping customers maximize performance of their investments—quicker, easier and smarter. Find out more at www.bwen.com.

Forward-Looking Statements

This news release includes "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995 — that is, statements related to future, not past, events. Forward-looking statements are based on current expectations and include any statement that does not directly relate to a current or historical fact. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as “anticipate,” “believe,” “intend,” “expect,” “plan,” “will” or other similar words. These forward-looking statements involve certain risks and uncertainties that ultimately may not prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. The Company’s forward looking statements may include or relate to the Company’s plans to grow its business and its expectations regarding its operations and the business of its customers; the sufficiency of the Company’s working capital; and the Company’s expectations regarding the state of the wind energy market generally, as well as the Company’s expectations relating to the economic downturn and the potential impact on its business and the business of its customers. For further discussion of risks and uncertainties, individuals should refer to the Company's SEC filings. The Company undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this news release. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this news release. All forward-looking statements are qualified in their entirety by this cautionary statement.

Contacts

Broadwind Energy, Inc.
John Segvich
630.995.7137
john.segvich@bwen.com
or
INK PR
Kari Hernandez
512.382.8982
kari@ink-pr.com
or
INK PR
Jennifer Lopez
512.382.8985
jennifer@ink-pr.com

Contacts

Broadwind Energy, Inc.
John Segvich
630.995.7137
john.segvich@bwen.com
or
INK PR
Kari Hernandez
512.382.8982
kari@ink-pr.com
or
INK PR
Jennifer Lopez
512.382.8985
jennifer@ink-pr.com