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Find out more at FORWARD-LOOKING STATEMENTS With facilities throughout the U.S., our talented team is committed to helping customers maximize performance of their investments-quicker, easier and smarter. served as legal advisor, while Vallum Advisors and Bonifacino Advisors served as strategic advisors to Broadwind.īroadwind (Nasdaq: BWEN) is a precision manufacturer of structures, equipment and components for clean tech and other specialized applications. The preliminary vote count provided by the Company’s proxy solicitor also indicates that Broadwind stockholders voted in favor of all other proposals submitted for a vote at the 2023 Annual Meeting of Stockholders (the “2023 Annual Meeting”).īroadwind will file final voting results with the Securities and Exchange Commission (the “SEC”) on Form 8-K once they are certified by the independent inspector of elections. Looking ahead, we remain highly focused on supporting the execution of our strategic plan, while continuing to maximize value creation for our stockholders, consistent with our fiduciary duties.” During our campaign-related engagement with the investment community, we received both positive feedback on the significant commercial and operational achievements delivered by the leadership team, together with constructive insights that will serve to drive continuous improvement in the years ahead. “We appreciate the continued, broad-based support of our stockholders, as demonstrated by the re-election of all seven of our incumbent directors. The Board issued the following statement: The vote results are subject to certification by an independent inspector of elections. Wood.īased on preliminary voting tabulations, Broadwind reports that all of its director candidates were elected by an overwhelming majority of the shares voted.

(Nasdaq: BWEN, “Broadwind” or the “Company”), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that, based on preliminary voting tabulations provided by the Company’s proxy solicitor, Broadwind stockholders have supported the re-election of all seven Broadwind nominees to the Company’s Board of Directors (the “Board”): Eric B. We are well acquainted with the institutional investors and sell-side analysts covering the space, along with the myriad legislative, regulatory and competitive factors that have the potential to impact valuation.CICERO, Ill., (GLOBE NEWSWIRE) - Broadwind, Inc.

In a sector where constant change is the only certainty, we help our clients build compelling narratives that educate and inform the audiences that matter.

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As a heavily capital-intensive sector, companies remain keenly focused on free cash generation and return on invested capital metrics, while continuing to manage debt metrics with discipline and conservatism. In a period of flux, industrial companies are reducing costs through the adoption of digital automation, while shedding underperforming or non-core assets as part of a broader effort to create a streamlined asset base.

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In recent years, a series of new opportunities and risks have emerged within the Industrial sector.Īdvanced manufacturing breakthroughs, just-in-time inventory solutions and the trend toward increased automation remain key sector tailwinds, while inflationary cost pressures and protectionist policies remain headwinds.

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