Recent events
Recent events tied to this brand in public sources.
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2021
TPI Composites announces preferred-stock investment agreement with Oaktree
TPI Composites announced a stock purchase agreement to issue and sell $400 million of Series A Preferred Stock to investment funds managed by Oaktree Capital Management, subject to the stated terms and closing conditions.
2020
TPI Composites reports first-quarter 2020 results
TPI Composites reported first-quarter 2020 net sales of $356.6 million and a net loss of $0.5 million. It said COVID-19 negatively affected adjusted EBITDA by approximately $11 million, primarily due to a temporary suspension of production at its China manufacturing facilities.
2020
TPI Composites temporarily reduces production at facilities in India, Mexico and Turkey
TPI Composites announced temporary production reductions or suspensions at its Chennai facility in India, Matamoros facility in Mexico, and Izmir facilities in Turkey. The company attributed the measures primarily to government-mandated stay-at-home orders and union demands.
2019
TPI Composites appoints Lance Marram as Senior Vice President, Global Service
TPI Composites announced that it appointed Lance Marram as Senior Vice President, Global Service. He will be responsible for developing and implementing TPI’s global service strategy.