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Broadwind Energy Inc (BWEN.OB) Adds Plants in SD and TX

Tower Tech Systems Inc. of Manitowoc, WI will build wind turbine support tower plants in Sioux Falls, S.D., and Abilene, Texas, in order to expand production and cut down on transportation costs, the firm’s parent company said.

J. Cameron Drecoll, CEO of Naperville, Ill.-based Broadwind Energy Inc. (OTC: BWEN), said the expansion to new regions, combined with a recent acquisition of a transportation and logistics provider to the wind industry, will result in significant savings for the company. The new sites are closer to some key wind energy markets.

Each facility is expected to initially employ more than 150 workers, with significant expansion options available. Both plants will begin production by early 2009, Broadwind said.

Tower Tech Systems currently operates a manufacturing facility in Manitowoc that has been producing wind towers since 2004.

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