TPI Composites
TPI Composites is a manufacturer of advanced composite wind blades, headquartered in Scottsdale, Arizona.
Last updated September 15, 2026
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Overview
TPI Composites was founded in 1968 and has been providing composite wind blades since 2001. Its knowledge and experience of composite materials and manufacturing originates with its predecessor company, Tillotson Pearson Inc., a manufacturer of high-performance sail and powerboats along with a wide range of composite structures used in other industrial applications. TPI is headquartered in Scottsdale, Arizona and operates factories in the U.S. and Mexico, an additional engineering development center in Denmark, and global service training centers in the U.S. and Spain. The company manufactures advanced composite wind blades to its customers' specifications and provides wind blade service capabilities including preventative services, inspections, repairs, and improvements.
History
TPI Composites was founded in 1968 and has been providing composite wind blades since 2001. Its knowledge and experience of composite materials and manufacturing originates with its predecessor company, Tillotson Pearson Inc., a leading manufacturer of high-performance sail and powerboats along with a wide range of composite structures used in other industrial applications. TPI has manufactured over 100,000 wind blades since 2001. In 2024, TPI accounted for approximately 27% of all onshore wind blades on a MW-basis globally, excluding China, and had $1.3 billion in net sales, producing 6,525 wind blades.
Products and positioning
Composite wind blades
Wind blade service capabilities (preventative services, inspections, repairs, improvements)
Recent events
Reported
TPI Composites announces preferred-stock investment agreement with Oaktree[5]
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.
TPI Composites reports first-quarter 2020 results[6]
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.
TPI Composites temporarily reduces production at facilities in India, Mexico and Turkey[7]
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.
Reported
TPI Composites appoints Lance Marram as Senior Vice President, Global Service[8]
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.
Sources9 sources
- 1TPI Composites Inc - Hometpicomposites.com
- 2TPI Composites Inc - Company Overviewtpicomposites.com
- 3TPI Composites Inc - Corporate Governance Overviewtpicomposites.com
- 4TPI Compositeswikidata.org
- 5TPI Composites宣布与Oaktree达成优先股投资协议compositesworld.com
- 6TPI Composites 公布 2020 年第一季度业绩windtech-international.com
- 7TPI Composites 暂时减少印度、墨西哥和土耳其工厂的产量windtech-international.com
- 8TPI Composites任命Lance Marram为全球服务高级副总裁textileworld.com
- 9TPI Appoints Lance Marram as Senior Vice President, Global Servicewindtech-international.com
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