Broadwind Energy (BWEN)

Overall impact
B (72)

Commentary

Broadwind Energy is a strong overall performer. With a 'B' rating of 72.3 for overall impact (85th percentile compared to all companies), Broadwind Energy ranks 43rd out of 70 industry peers, behind Sky Solar, Canadian Solar, JinkoSolar and 39 others, and ahead of Unirac, ION Solar, Renewable Energy Trade Board and 24 others. On top material causes for Broadwind Energy's industry (Alternative Energy), Broadwind Energy performs well in Reduced Waste (91.2 score), Renewable Energy Growth (95.1), Renewable Energy Growth (96.7) and 2 other causes where it received an 'A' score and performs poorly in Technology Innovation (32.0 score).
Impact
Cause BWEN
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Company
Founded
1996
Employees
411
Sector
Utilities
Industry
Independent Power and Renewable Electricity Producers
Sub-industry
Renewable Electricity
SASB industry
Wind Technology & Project Developers
Headquarters
Il, United States
Share classes
BWEN
Description
Broadwind, Inc. manufactures and sells structures, equipment, and components for clean technology and other specialized applications in the United States. The company operates through three segments: Heavy Fabrications, Gearing, and Industrial Solutions. The Heavy Fabrications segment provides fabrications to customers in a range of industrial markets. It offers steel towers and adapters primarily to wind turbine manufacturers. The Gearing segment provides gearing, gearboxes, and precision machined components to a range of customers in diverse markets, including surface and underground mining, wind energy, steel, material handling, infrastructure, onshore and offshore oil and gas fracking and drilling, marine, defense, and other industrial markets. This segment also offers heat treat services for aftermarket and original equipment manufacturer applications. The Industrial Solutions segment provides supply chain solutions for offering instrumentation and controls, valve assemblies, sensor devices, fuel system components, electrical junction boxes and wiring, and electromechanical devices. It also offers light fabrication, inventory management, and kitting and assembly services for the combined cycle natural gas turbine market, as well as packaging solutions and fabricated panels and sub-assemblies. It sells its products to the energy, mining, and infrastructure sectors through its direct sales force and independent sales agents. The company was formerly known as Broadwind Energy, Inc. and changed its name to Broadwind, Inc. in May 2020. Broadwind, Inc. is headquartered in Cicero, Illinois.
Material causes
Ethos considers the following causes material for Broadwind Energy, based on its industry sub-industry Renewable Electricity. Learn more about material causes in our methodology overview.
Not available

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