BROADWIND, INC.
Close on Oct 19, 2026
- Market cap
- $76.83M
- P/E (TTM)
- 14.2
- Dividend yield
- –
About Broadwind
Nonferrous Foundries (Castings), SIC 3360
Broadwind, Inc. manufactures precision structures, equipment, and components for power generation, critical infrastructure, and specialized industrial sectors. The company operates through three principal reporting segments: Heavy Fabrications, Gearing, and Industrial Solutions. In Heavy Fabrications, it builds steel wind turbine towers, repowering adapters, and mobile pressure reducing systems. The Gearing segment produces gearing, custom gearboxes, and precision machined components, alongside gearbox maintenance and heat-treating services. Industrial Solutions supplies kitting, light assembly, inventory management, and electrical systems. Broadwind primarily serves original equipment manufacturers, wind farm operators, and industrial enterprises across power generation, oil and gas, and mining.
Broadwind concentrates its operations primarily within the United States. Its manufacturing footprint includes wind tower fabrication facilities in Abilene, Texas, and gearing plants in Cicero, Illinois, and Neville Island, Pennsylvania. Corporate headquarters are located in Cicero, Illinois. As of year-end 2025, Broadwind employed 341 domestic workers across its manufacturing, administrative, and corporate functions.
Summary of the business section of Broadwind's latest annual report, written by StockData.
Company profile
Company
- Legal name
- BROADWIND, INC.
- Founded
- 1996
- Headquarters
- Cicero, IL
- Address
- 3240 S. Central Avenue 60804
- Phone
- (708) 780-4800
- Website
- bwen.com
- Employees
- 425, Dec 31, 2018
- Industry
- Nonferrous Foundries (Castings)
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- RSM US LLP, Chicago, Illinois
Stock & identifiers
- Ticker
- BWEN
- Exchange
- Nasdaq
- Shares outstanding
- 24M, Aug 4, 2026
- Public float
- $32.31M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- Stock splits
- 1-for-10 reverse, Nov 7, 2012; 1-for-10 reverse, Aug 23, 2012
- SEC CIK
- 1120370
- CUSIP
- 11161T207
- ISIN
- US11161T2078
- LEI
- 529900ATI5MMWNW41F84
- EIN
- 88-0409160
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Gilbert W. Mayo Jr. | Pres., Broadwind Ind. Solution | 160,582 |
| Thomas A. Ciccone | VP and CFO | 149,757 |
| Eric B. Blashford | President and CEO | 695,574 |
| Daniel E. Schueller | Pres., Broadwind Heavy Fab. | 211,010 |
| Jeanette A. Press | Director | 66,964 |
| Philip J. Christman | Director | 145,329 |
| Sachin M. Shivaram | Director | 117,663 |
| Cary B. Wood | Director | 164,471 |
| David P. Reiland | Director | 202,706 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Eric B. Blashford | $757.55K | $996.97K | $347.31K | $36 | – |
| FY2024 Eric B. Blashford | $877.65K | $633.58K | $417.63K | $24 | – |
| FY2023 Eric B. Blashford | $1.22M | $1.33M | $521.17K | $35 | – |
| FY2022 | $779.72K | $974.45K | $352.59K | $23 | – |
| FY2021 | $765.69K | -$341.41K | $349.65K | $24 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“We had 425 employees at December 31, 2018, of which 378 were in manufacturing related functions and 47 were in administrative functions.”
Corporate history
Events identified from SEC filings