Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Trading banner 1
Trading banner 2
Trading banner 3
Trading banner 4
Trading banner 5
Trading banner 6
Trading banner 7
Trading banner 8
Trading banner 9

Broadwind exits wind market, sells Abilene facility for $19.5M, pivots to power generation and infrastructure sectors.

Company Fundamentals
05 May 2026
GlobeNewsWire
Neutral
pluang ai news

Broadwind has sold its Abilene, Texas wind tower manufacturing facility to IES Infrastructure for up to $19.5 million, marking its strategic exit from the wind market. This follows a previous sale of its Manitowoc facility, allowing Broadwind to focus on higher-growth power generation and critical infrastructure markets. The company plans to reinvest proceeds into expanding machining and specialty manufacturing capabilities and withdraws its 2026 financial guidance due to this shift. Most employees at the Abilene facility will transition to IES Infrastructure after the lease ends in September 2026.

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App