Broadwind, Inc. (Bwen): ANSOFF MATRIX ANÁLISE [JAN-2025 Atualizado]

No cenário dinâmico da energia renovável, a Broadwind, Inc. (Bwen) está em uma encruzilhada crítica, se posicionando estrategicamente para navegar pelos complexos ventos da transformação do mercado. Ao mapear meticulosamente sua trajetória de crescimento através da Matriz Anoff, a empresa revela uma abordagem ousada e multifacetada da expansão - distribuindo a penetração agressiva do mercado na infraestrutura eólica norte -americana para diversificação audaciosa em tecnologias emergentes de energia limpa. Esse plano estratégico não apenas demonstra o compromisso da Broadwind com a inovação, mas também destaca seu potencial de se tornar um participante fundamental na transição global para soluções de energia sustentável.

Broadwind, Inc. (Bwen) - Ansoff Matrix: Penetração de mercado

Aumentar os esforços de marketing visando projetos de infraestrutura de energia eólica na América do Norte

Receita de 2022 da BroadWind dos projetos de infraestrutura de energia eólica: US $ 78,3 milhões. Tamanho do mercado de energia eólica norte -americana em 2022: US $ 22,4 bilhões. Taxa de crescimento do mercado projetada: 8,5% anualmente.

Segmento de mercado	Participação de mercado atual	Participação no mercado -alvo
Fabricação de torre de vento	12.3%	17.5%
Componentes da turbina eólica	9.7%	14.2%

Expanda a equipe de vendas direta para fortalecer o relacionamento com os fabricantes de turbinas eólicas existentes

Tamanho atual da equipe de vendas diretas: 37 representantes. Expansão planejada: 15 profissionais de vendas adicionais. Valor médio do contrato com os fabricantes: US $ 3,2 milhões.

• Top 5 Top 5 Fabricantes de Turbinas Eólicas na América do Norte
• Aumentar a cobertura da equipe de vendas em 40%
• Desenvolva Programa de Treinamento de Vendas Especializado

Ofereça preços competitivos e termos de contrato flexíveis para reter clientes atuais

Taxa atual de retenção de clientes: 78%. Duração média do contrato: 2,7 anos. Ajuste de preços proposto: redução de 5-7% para contratos de longo prazo.

Tipo de contrato	Preços atuais	Preços propostos
Curto prazo (1 ano)	US $ 1,5 milhão	US $ 1,4 milhão
De longo prazo (mais de 3 anos)	US $ 4,2 milhões	US $ 3,9 milhões

Implementar programas de fidelidade do cliente para repetir negócios na fabricação de torre eólica

Porcentagem de negócios repetida atual: 62%. Programa de fidelidade proposto Investimento: US $ 750.000 anualmente. Aumento esperado nos negócios repetidos: 15-20%.

• Níveis de desconto baseados em volume
• Programação prioritária de produção
• Gerenciamento de conta dedicado

Otimize a eficiência da produção para reduzir custos e oferecer preços mais competitivos

Custo de produção atual por torre eólica: US $ 680.000. Redução de custos de produção -alvo: 12%. Economia anual estimada: US $ 4,3 milhões.

Métrica de eficiência	Desempenho atual	Desempenho -alvo
Tempo de ciclo de fabricação	45 dias	38 dias
Redução de resíduos de material	7.5%	4.2%

Broadwind, Inc. (Bwen) - Ansoff Matrix: Desenvolvimento de Mercado

Explore mercados internacionais na Europa e América Latina para fabricação de componentes de energia eólica

Tamanho do mercado global de energia eólica em 2022: US $ 110,85 bilhões

Região	Potencial de mercado de energia eólica	Taxa de crescimento projetada
Europa	38.5 GW Nova capacidade	12,3% CAGR
América latina	3.1 GW Nova capacidade	8,7% CAGR

Mercados de energia renovável emergente de alvo nos países em desenvolvimento

Investimento de energia renovável em países em desenvolvimento: US $ 272 bilhões em 2022

• Índia: 128,55 GW Capacidade de energia renovável
• Brasil: 22,4 GW Energy Energy Capacity
• África do Sul: 3,7 GW Capacidade de energia eólica

Desenvolva parcerias estratégicas com desenvolvedores internacionais de energia eólica

Valor de mercado global de fabricantes de turbinas eólicas: US $ 65,2 bilhões

Parceiro	Quota de mercado	Colaboração potencial
Vestas	16.4%	Fornecimento de componentes
Siemens gamesa	14.2%	Troca de tecnologia

Aproveite os recursos de fabricação existentes para entrar nos setores de energia renovável adjacente

Receita de 2022 da BroadWind: US $ 161,4 milhões

• Tamanho do mercado de energia solar: US $ 220 bilhões
• Mercado de armazenamento de energia: US $ 15,5 bilhões
• Mercado de infraestrutura de hidrogênio: US $ 12,7 bilhões

Participe de conferências internacionais de energia renovável para estabelecer presença no mercado global

Participantes da Conferência Global de Energia Renovável: 45.000 mais em 2022

Conferência	Localização	Participantes
Windeurope	Copenhague	8,500
Re+	Las Vegas	27,000

Broadwind, Inc. (Bwen) - Anoff Matrix: Desenvolvimento de Produtos

Invista em pesquisa e desenvolvimento de projetos avançados de torres de vento

Despesas de P&D para Broadwind em 2022: US $ 3,2 milhões. Pedidos de patentes arquivados na Tecnologia da Torre Wind: 4 novas patentes.

Métrica de P&D	2022 Valor
Investimento total de P&D	US $ 3,2 milhões
Novos pedidos de patente	4
Eficiência de melhoria do projeto	7.3%

Desenvolva materiais compostos inovadores para componentes de turbinas eólicas

Orçamento de pesquisa de materiais: US $ 1,5 milhão. Melhoria da força do material composto: 12,4%.

• Material compósito resistência à tração: 850 MPA
• Redução de peso alcançada: 15,6%
• Redução de custos de fabricação: 8,2%

Crie soluções modulares da torre de vento

Custo de desenvolvimento de design modular: US $ 2,7 milhões. Faixa de adaptabilidade do terreno: 3 condições de vento diferentes.

Métrica de solução modular	Dados de desempenho
Investimento em desenvolvimento	US $ 2,7 milhões
Faixa de adaptabilidade do terreno	3 condições
Redução do tempo de instalação	22%

Expanda a linha de produtos para soluções de armazenamento de energia

Investimento de desenvolvimento de produtos para armazenamento de energia: US $ 4,1 milhões. Projeção de receita de novas linhas de produtos: US $ 12,5 milhões.

• Capacidade de armazenamento de bateria: 5 mwh
• Eficiência de integração da grade: 91,5%
• Penetração de mercado esperada: 14,3%

Desenvolva componentes especializados da turbina eólica para projetos offshore

Despesas de P&D do componente offshore: US $ 3,8 milhões. Melhoria da resistência à corrosão: 67%.

Métrica de componente offshore	Dados de desempenho
Investimento em P&D	US $ 3,8 milhões
Resistência à corrosão	67%
Participação de mercado offshore esperada	9.6%

Broadwind, Inc. (Bwen) - Ansoff Matrix: Diversificação

Explore oportunidades na fabricação de componentes de energia solar

O potencial potencial do mercado de componentes solares da energia solar Tamanho do mercado: US $ 19,3 bilhões até 2026. A capacidade de fabricação solar global que se espera atingir 1.500 GW anualmente até 2025.

Segmento de mercado	Receita projetada	Taxa de crescimento
Componentes do painel solar	US $ 4,2 milhões	12.7%
Sistemas de montagem solar	US $ 3,8 milhões	9.5%

Desenvolver soluções híbridas de energia renovável

O mercado de energia renovável híbrida projetou -se para atingir US $ 43,5 bilhões até 2025.

• Eficiência do sistema híbrido eólico: 35-40%
• Redução de custo potencial: 20-25% em comparação com sistemas independentes
• Investimento estimado necessário: US $ 12,6 milhões

Expanda em serviços de consultoria de infraestrutura de energia

Valor de mercado da Global Energy Consulting: US $ 54,7 bilhões em 2023.

Categoria de serviço	Tamanho de mercado	Crescimento anual
Consultoria de energia renovável	US $ 18,3 bilhões	14.2%
Planejamento de infraestrutura	US $ 15,6 bilhões	11.8%

Investigar a fabricação de infraestrutura de carregamento de veículos elétricos

Mercado Global de Infraestrutura de Carregamento EV: US $ 27,8 bilhões em 2022. Projetado para atingir US $ 93,4 bilhões até 2030.

• Custo de fabricação da estação de cobrança: US $ 50.000 a US $ 100.000 por unidade
• Penetração de mercado esperada: 7-9% anualmente
• Fluxo de receita potencial: US $ 14,5 milhões até 2026

Crie investimentos estratégicos em tecnologias emergentes de energia limpa

Investimento global de energia limpa: US $ 755 bilhões em 2022.

Tecnologia	Valor do investimento	Potencial de crescimento
Hidrogênio verde	US $ 6,3 bilhões	22.5%
Armazenamento de energia	US $ 5,8 bilhões	18.7%

Broadwind, Inc. (BWEN) - Ansoff Matrix: Market Penetration

You're looking at how Broadwind, Inc. can squeeze more revenue out of the customers and markets it already serves. This is about maximizing the output from the assets you already own, which is key when you've just made strategic moves, like divesting operations on September 8, 2025.

Increase utilization of existing wind tower manufacturing capacity.

The focus here is on getting more out of the Abilene, Texas facility. While Q2 2025 saw profitability pressures partly due to lower capacity utilization in the Gearing segment, the momentum is shifting. Management has signaled expectations for a 'meaningful uplift in plant utilization in 2025' compared to the prior year. The company is targeting 60-80% utilization in Abilene by 2026, suggesting current 2025 levels are below that range. The Heavy Fabrications segment, which includes wind towers, saw its revenue jump 43% year-over-year to $29.4 million in the third quarter of 2025. This increased volume drove the segment's operating income to $10.3 million in Q3 2025, a big jump from $2.2 million in Q3 2024.

Offer competitive pricing on heavy fabrication for key industrial customers.

Broadwind, Inc. is using its domestic manufacturing footprint to secure large fabrication orders. The Heavy Fabrications segment is the primary vehicle for this. In Q3 2025, this segment accounted for $29.4 million in sales. The book-to-bill ratio for this segment hit 2.2x in Q3 2025, with orders surging 261% year-over-year to $15.9 million. This suggests pricing is attractive enough to win significant new business, even while managing production ramp inefficiencies associated with larger tower sizes seen in Q2 2025.

Expand service contracts for existing gearing and industrial solutions clients.

While the Gearing segment faced headwinds, with sales declining 23% to $7.1 million in Q3 2025, the Industrial Solutions segment showed strength, with revenue increasing 37% to $7.9 million. The Industrial Solutions segment is driven by natural gas turbine content, with orders increasing 86% to $13.8 million and backlog more than doubling to $35.9 million compared to the prior year. Furthermore, a follow-on gearing order valued at approximately $6 million was secured, slated for fulfillment in 2026-2027, showing success in deepening service-related recurring revenue streams within power generation.

Here's a quick look at the segment revenue performance in Q3 2025:

Segment	Q3 2025 Revenue (Millions USD)	Year-over-Year Revenue Change	Q3 2025 Operating Income (Millions USD)
Heavy Fabrications	$29.4	43% Increase	$10.3
Industrial Solutions	$7.9	37% Increase	Data Not Explicitly Separated
Gearing	$7.1	23% Decline	$0.1

Target competitors' market share in the US utility-scale wind sector.

The strategy involves capitalizing on structural advantages, such as the 100% domestic manufacturing footprint, which benefits from reshoring and trade policies. The company received $11 million in new tower orders from a 'leading global wind turbine manufacturer' in October 2025, with fulfillment expected in Q1 2026. This new order intake, combined with the 43% revenue growth in Heavy Fabrications in Q3 2025, suggests Broadwind, Inc. is successfully capturing volume in the utility-scale wind market.

Deepen relationships with top 3 existing OEM customers for recurring orders.

Customer concentration remains a factor, though the company is working to diversify. In 2023, sales from the top five customers represented 65% of total sales. For 2025, the power generation market is a key area for deepening relationships, as orders from these customers increased by over 140% year-over-year in Q3 2025, contributing nearly 20% to the total Q3 revenue of $44.2 million. The $11 million tower order mentioned above came from a 'leading global wind turbine manufacturer,' indicating a successful deepening of a relationship with at least one major OEM. The company raised its full-year 2025 revenue guidance to between $155 million and $160 million.

The following highlights the overall Q3 2025 results supporting this market penetration:

• Total revenue reached $44.2 million, a 25% increase year-over-year.
• Total orders surged to $43.6 million, marking a 90% increase compared to the prior year.
• GAAP net income was $7.5 million, up from $0.1 million in Q3 2024.
• Cash position at the end of Q3 2025 was $26.8 million.

Finance: draft 13-week cash view by Friday.

Broadwind, Inc. (BWEN) - Ansoff Matrix: Market Development

You're looking at how Broadwind, Inc. (BWEN) can take its existing manufacturing expertise and apply it to new geographic areas or entirely new customer bases. This is about expanding the reach of what Broadwind already builds well.

Enter new US regional markets for wind towers, focusing on the Southeast.

Broadwind, Inc. is clearly optimizing its domestic footprint to serve future demand, which includes regions like the Southeast. The company completed the sale of its Manitowoc, WI industrial fabrication operations on September 8, 2025, for total cash consideration of $13.5 million. This move consolidates production into the Abilene, Texas facility, aiming to materially improve utilization across remaining operations and reduce annualized operating costs by approximately $8 million. This efficiency is key for competitive pricing in new regions. The company is already securing future volume, announcing $11 million in new tower orders in October 2025, slated for fulfillment entirely during the first quarter of 2026. This shows a commitment to filling capacity beyond the immediate term.

Adapt heavy fabrication services for the emerging US offshore wind market.

The Heavy Fabrications segment showed significant growth, with sales reaching $29.4 million in the third quarter of 2025, a 43% increase year-over-year, driven by wind tower sections and repowering adapters. While this was largely onshore, the market context is shifting. Globally, over 66 GW of offshore wind capacity is expected to be tendered in 2025, presenting a massive opportunity for heavy fabrication expertise. Broadwind, Inc.'s consolidation strategy positions the remaining Abilene facility to capitalize on these higher value, growing end markets where its 100% domestic manufacturing footprint is in high demand. The segment reported an adjusted EBITDA of $3.0 million in Q3 2025 (excluding the gain on sale).

Pursue contracts with new industrial sectors like hydrogen or carbon capture.

Diversification into adjacent infrastructure markets is evident through the Industrial Solutions segment. This segment posted revenues of $7.9 million in the third quarter of 2025, marking a 37% increase year-over-year, primarily due to increased sales of natural gas turbine content. The segment's backlog hit a new record of nearly $36 million at the end of Q3 2025. This aligns with broader energy transition trends; for instance, the US green hydrogen sector represents a projected $26 billion investment over the next five years across 67 projects. Furthermore, Broadwind, Inc. recognized explicit 45x IRA recognition of approximately $2.5 million in the first quarter of 2025, showing direct financial benefit from clean energy legislation that supports these new sectors. The global Direct Air Capture (DAC) capacity is forecasted to rise around 569,000 tons in 2025 in the United States.

Establish a sales presence in Canada or Mexico for existing industrial products.

Commercial momentum is strong across the board, which supports expansion efforts into new geographies like Canada or Mexico for existing industrial products. Total consolidated orders for Broadwind, Inc. in the third quarter of 2025 were $43.6 million, a 90% increase year-over-year. Orders from power generation customers, which are a key focus for Industrial Solutions, increased more than 140% versus the year-ago period. This broad-based growth suggests the sales engine is running hot, supporting the acceleration of commercial growth efforts mentioned for 2025.

Here's a look at the recent financial performance supporting this growth:

Metric	Q3 2025 Value	Year-over-Year Change
Total Revenue	$44.2 million	+25%
Total Orders	$43.6 million	+90%
Industrial Solutions Backlog	Nearly $36 million	Record High
FY2025 Revenue Guidance (Reiterated)	$155 million to $160 million	Up from prior range

Certify existing products for new, non-traditional infrastructure projects.

The strategic divestiture of the Manitowoc facility, which generated approximately $25 million in revenue in 2024, allows Broadwind, Inc. to sharpen its focus on higher-margin precision manufacturing verticals. The company stated it is redeploying underutilized assets into non-wind precision manufacturing, supported by investments in advanced machinery and quality certifications. This streamlining is designed to enhance asset utilization and better position the company to serve new infrastructure needs. The expected $8 million in annualized operating cost reductions from the sale provides capital flexibility to pursue these new certifications and related opportunities.

• Consolidated operations into Abilene, TX facility.
• Reduced annualized operating costs by approximately $8 million.
• Q3 2025 Net Income was $7.5 million.
• FY2025 Adjusted EBITDA guidance is $9 million to $10 million (excluding sale gain).
• The company announced a $3 million share repurchase program post-Q3.

Broadwind, Inc. (BWEN) - Ansoff Matrix: Product Development

You're looking at how Broadwind, Inc. (BWEN) can grow by developing new products for its existing markets, which is the Product Development quadrant of the Ansoff Matrix. Here's the quick math on what they've been doing with their product evolution based on the latest numbers.

Develop next-generation, larger diameter wind tower sections for 6MW+ turbines

Broadwind, Inc. is definitely pushing larger components, as evidenced by the operational hiccups in Q2 2025 related to manufacturing ramp inefficiencies associated with the production of a new larger wind tower. Still, the Heavy Fabrication segment is showing strong uptake from this focus. For the third quarter of 2025, this segment generated revenue of $29.4 million, marking a 43% increase year-over-year, driven by sales of wind tower sections and repowering adapters. To be fair, the second quarter of 2025 saw Heavy Fabrications sales at $25.0 million, up 27.4% from the prior year, also due to wind tower sections and repowering adapters. The order book for future production is also growing; in October 2025, Broadwind, Inc. announced $11 million in new tower orders expected to be fulfilled in the first quarter of 2026.

Introduce advanced, high-precision gearing for specialized defense applications

The push into high-precision gearing for specialized markets is showing financial results, particularly in the power generation space, which is a precursor to defense readiness. Broadwind, Inc. strategically enhanced its capabilities by expanding quality certifications to include ITAR and CMMC, which are required for defense and aerospace work. Bookings for precision machined gearing products for the power generation market alone exceeded $2.0 million in the first quarter of 2025. Furthermore, a follow-on order exceeding $6 million for precision machined gearing products for natural gas turbines was secured in July 2025, with fulfillment slated for 2026 and 2027. Gearing orders overall rebounded nicely in Q3 2025, increasing 250% to nearly $16 million. The reported revenue for the Gearing segment in Q3 2025 was $7.1 million.

Invest in automation and robotics to offer lower-cost, high-volume fabrication

Broadwind, Inc. is signaling investment in its manufacturing base to drive down costs and increase volume capacity. The company confirmed plans to keep annual capital expenditures between 2% and 3% of revenue for 2025. This focus on efficiency is happening alongside a strategic consolidation; the sale of the Manitowoc industrial fabrication operations in September 2025 resulted in a one-time gain of $8.2 million, which helps fund future investments. The company anticipates a 35% increase in Industrial Solutions floor space scheduled for 2026 to meet demand.

Offer modular, pre-fabricated industrial equipment packages to speed up deployment

The Industrial Solutions segment, which covers these packages, is seeing record demand. Revenue for this segment in the third quarter of 2025 reached $7.9 million, representing a 37% increase year-over-year. This product strategy is clearly resonating, as the segment backlog hit a new record of almost $36 million at the end of Q3 2025.

Create a digital monitoring service for installed gearing and industrial components

While specific revenue figures for a new digital monitoring service aren't public yet, the overall strategy points toward this. Management indicated a commitment to pursuing investments in new product innovation as part of its returns-driven capital allocation strategy following the Manitowoc sale. This aligns with the broader goal of offering customers ways to maximize performance of their investments quicker, easier, and smarter.

Here is a look at the segment revenue performance that underpins these product development efforts for the third quarter of 2025:

Segment	Q3 2025 Revenue (USD)	Year-over-Year Growth
Heavy Fabrication	$29.4 million	43%
Industrial Solutions	$7.9 million	37%
Gearing	$7.1 million	Not specified (Orders up 250%)

The strategic moves to enhance capabilities are formalized through specific certifications and financial commitments:

• ITAR and CMMC certifications secured for defense/aerospace gearing.
• Capital expenditures targeted at 2% to 3% of 2025 revenue.
• Industrial Solutions floor space planned to increase by 35% in 2026.
• Total Q3 2025 incoming orders reached $43.6 million, up 90% year-over-year.

Finance: draft 13-week cash view by Friday.

Broadwind, Inc. (BWEN) - Ansoff Matrix: Diversification

You're looking at Broadwind, Inc. (BWEN) post-strategic divestiture, where the focus is clearly shifting from legacy fabrication toward higher-growth, precision-focused adjacencies. The completion of the sale of the Manitowoc, WI industrial fabrication operations on September 8, 2025, for $13.5 million in cash consideration, frees up capital and supports a stated goal of pursuing strategic acquisitions providing diversification.

This strategic pivot is set against a backdrop where Broadwind, Inc. reported strong third quarter 2025 results: total revenue hit $44.2 million, a 25% year-over-year increase, and GAAP net income reached $7.5 million. Total orders for Q3 2025 were $43.6 million, a 90% year-over-year surge, suggesting strong underlying demand in their core remaining areas like natural gas turbine content, which drove Industrial Solutions sales up 37% to $7.9 million.

The company has also guided for full-year 2025 revenue between $155.0 million and $160.0 million, with Adjusted EBITDA guidance between $13 million and $15 million. The divestiture itself is expected to reduce annualized operating costs by approximately $8 million, which helps the bottom line as they look to deploy capital strategically.

Here are the potential diversification avenues, mapped against their respective market opportunities as of 2025 estimates:

Diversification Target	Market Size Estimate (2025)	Estimated Market CAGR	Broadwind, Inc. Context
Battery Energy Storage Systems (BESS) Components	$8.59 billion (Global BESS Market)	24.6% (2024-2025)	Balance of Plant (BoP) components, a key area for potential entry, is projected to grow at a CAGR of 23.7% through 2030.
Small Modular Reactor (SMR) Components	$7.49 billion (Global SMR Market)	8.9% (2025-2034)	North America is estimated to dominate with a 34.0% revenue share in 2025. The CEO mentioned expanding into clean tech and infrastructure adjacencies.
Rail or Heavy Transportation Equipment Fabrication	$87.58 billion (Railroad Equipment Manufacturing Market)	2.24% (2025-2035)	The market is driven by increased freight demand, with Asia-Pacific holding approximately 25% of the global market share.
Proprietary Construction Equipment Fabrication	$171.98 billion (Global Construction Equipment Market)	6.73% (2024-2032)	The China market alone is anticipated to hit $33.37 billion in 2025. Broadwind, Inc. has a legacy in large, complex fabrications.

Acquire a firm specializing in battery energy storage systems (BESS) components.

This move targets a market expected to reach $43.4 billion by 2030 from $13.7 billion in 2024. Broadwind, Inc. could focus on Balance of Plant (BoP) components, which commanded an estimated 54.4% market share in 2024 and is expected to grow faster than the overall BESS market at a 23.7% CAGR through 2030. The utility sector already dominates BESS applications with a 53.4% share in 2024.

Launch a new division focused on manufacturing components for small modular reactors (SMRs).

The SMR market size was valued at $5.81 billion in 2024, with one estimate placing the 2025 size at $7.49 billion. This aligns with the CEO's stated interest in clean tech and infrastructure. The Heavy Water Reactor (HWR) segment is expected to contribute 37.7% of the market share in 2025.

Enter the rail or heavy transportation equipment fabrication market.

The Railroad Equipment Manufacturing Market was estimated at $87.58 billion in 2025. This sector is seeing growth driven by rail freight demand, with Asia-Pacific holding approximately 25% of the global market share. The global Railway Equipment Market size was $107.11 billion in 2024.

Develop and market proprietary, specialized construction equipment for infrastructure.

The broader Global Construction Equipment Market was projected to reach $171.98 billion in 2025. Broadwind, Inc.'s existing precision manufacturing expertise could be redeployed here, focusing on segments like earthmoving equipment, which is expected to experience the fastest CAGR of 5.9%. The infrastructure end-use segment dominated the Heavy Construction Equipment Market in 2023.

Partner with a European firm to manufacture their specialized industrial products in the US.

This strategy leverages Broadwind, Inc.'s existing US manufacturing base, which is now more streamlined following the sale of the Manitowoc facility, which is expected to reduce operating costs by $8 million annually. The Industrial Solutions segment, which serves the natural gas turbine market, saw sales increase by 37% to $7.9 million in Q3 2025.

• Q3 2025 Total Revenue: $44.2 million.
• Q3 2025 Total Orders: $43.6 million.
• Manitowoc Sale Cash Proceeds: $13.5 million.
• Expected Annual Cost Savings from Divestiture: $8 million.
• Full Year 2025 Revenue Guidance Range: $155.0 million to $160.0 million.

Finance: draft 13-week cash view by Friday.