Broadwind, INC.: management transactions · United States · SEC (Form 4)

About Broadwind, INC.

Broadwind, Inc. is a U.S.-listed industrial manufacturing company traded on the NASDAQ Capital Market under the ticker BWEN in the United States. Headquartered in Cicero, Illinois, the company traces its roots back to 1996, when it was incorporated as Blackfoot Enterprises, Inc. It later became Broadwind Energy, Inc. in 2008 and rebranded as Broadwind, Inc. in 2020 to reflect a broader industrial focus beyond wind energy. Its growth has been shaped by a series of acquisitions and capability additions that built a platform around wind towers, gearing, and industrial fabrication. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001120370/000143774926007742/bwen20251231_10k.htm)) Today, Broadwind operates through three reportable segments: Heavy Fabrications, Gearing, and Industrial Solutions. Heavy Fabrications is the company’s most visible business and includes large, precision steel fabrications, including wind towers and repowering adapters for the U.S. wind energy market. Gearing focuses on gear cutting, shaping, gearbox manufacturing and repair, serving customers in power generation, oil and gas, and other industrial end markets. Industrial Solutions provides assembly, packaging, kitting and sub-assembly services, leveraging a broader supply chain for components such as instrumentation and controls, valve assemblies, sensor devices, fuel system components, electrical junction boxes, wiring, and electromechanical devices. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001120370/000143774926007742/bwen20251231_10k.htm)) Broadwind’s competitive position is that of a specialized niche supplier rather than a mass-market manufacturer. The company emphasizes complex, high-value products that must meet stringent quality standards, which gives it relevance in energy, mining and infrastructure applications. Its manufacturing capabilities include heavy fabrication, welding, metal rolling, coatings, gear cutting and shaping, gearbox work, heat treatment, precision machining, assembly, engineering and packaging solutions. In 2025, Broadwind reported $158.1 million in revenue, with meaningful contributions from all three segments. The company’s revenues are generated entirely in the United States, and its long-lived assets are also located in the U.S., underscoring its domestic operating footprint. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001120370/000143774926007742/bwen20251231_10k.htm)) Recent developments are important for investors following the name. In March 2026, Broadwind announced fourth-quarter and full-year 2025 results, highlighting higher revenue and improved profitability versus the prior year. The company also completed strategic asset sales in late 2025 and spring 2026, including the divestiture of its Manitowoc, Wisconsin facility and the sale of its Abilene, Texas production facility, as it executes a strategic shift away from wind markets. In February 2026, Broadwind amended its credit agreement with Wells Fargo, indicating active financial management alongside the portfolio reset. For equity investors, the investment case centers on a U.S.-only industrial manufacturer with a diversified product set, a long operating history, and a currently evolving strategic mix. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1120370/000117184326001473/exh_991.htm?utm_source=openai))