Broadwind Inks Manufacturing Deal With Caterpillar

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Broadwind Energy says it intends to manufacture welded sub-assemblies for Caterpillar's lines of large draglines, crawlers and excavating equipment. These components will be produced in Broadwind's facilities in Abilene, Texas, and Manitowoc, Wisc.

Broadwind says the deal with Caterpillar, along with the expansion of its wind tower business in 2012, should create approximately 50 new jobs.

"This collaboration fits well with our strategic initiatives to leverage our core competencies beyond the wind industry and diversify our revenue base,’ said Paul Smith, Broadwind Towers president, in a statement.

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