Broadwind Energy Inc. has reached a definitive agreement to acquire Badger Transport Inc., a heavy hauler based in Clintonville, Wis. Broadwind expects to complete the acquisition, which is subject to customary closing conditions, during the second quarter of the year.
The company transports oversized and overweight loads throughout the U.S. and Canada, including wind towers, wind turbine blades and other oversized equipment for large industrial applications.
The acquisition by Broadwind will give Badger the financial backing necessary to implement its plans for providing more comprehensive, efficient and lower cost services, as well as increase the services offered to its existing customer base. Plans include increasing Badger Transport fleet size and strategically locating its dispatch centers close to Broadwind manufacturing plants, operations and maintenance service centers and wind project sites.
‘Broadwind's ability to offer logistics services at its platform companies will benefit turbine manufacturers and project developers who not only need to be sure that the major components they need can be manufactured or repaired, but also that they can be delivered to sites quickly, competitively and safely,’ says J. Cameron Drecoll, CEO of Broadwind.
