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Reported Earlier, Broadwind Divests Manitowoc Industrial Fabrication Operations For $13M To Optimize Footprint And Boost Liquidity

Benzinga·06/05/2025 07:39:41
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  • Divestiture of the Manitowoc, WI facility optimizes asset base and improves operating leverage
  • Further diversifies BWEN's business toward higher-margin precision manufacturing segments
  • Significantly enhances liquidity, while reducing net leverage and supporting capital deployment priorities