TPI Composites, Inc.
TPICQ · OTC
Company research
TPI Composites, Inc. (OTC: TPICQ) is the largest independent manufacturer of composite wind turbine blades for the global onshore wind energy market, headquartered in Scottsdale, Arizona, and founded in 1968. The company serves as a critical outsourcing partner to major OEMs such as GE Vernova and Vestas, operating under long-term supply agreements across manufacturing facilities in the United States, Mexico, and India, with engineering development centers in Denmark and Germany, and held approximately 27% of the global onshore wind blade market (excluding China) in 2024. In addition to its core manufacturing operations, TPI provides field service inspection, maintenance, and repair services for wind blades to both OEM customers and wind farm owners and operators, reporting approximately $1.3 billion in net sales and producing 6,525 blades in 2024. In August 2025, TPI Composites filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Texas and was subsequently delisted from Nasdaq, with its shares now trading on the OTC Pink market under the ticker TPICQ.