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Powin Corp.

Powin Corp.

Sector: Business Services Not Elsewhere Classified Region: OR, United States


: | OTC Markets: PWON


Powin Corp. provides distribution support services. It operates through four segments: OEM, Quality Bending and Fabrication Inc., Powin Wooden and MACO Furniture. The OEM segment include steel gun safes; outdoor cooking equipment; including dutch camping ovens and frying skillets; fitness equipment, including treadmills, exercise bikes, weightlifting benches, dumbbell racks, trampolines; plastic products, pontoon boats; and small electronic appliances. The Quality Bending and Fabrication Inc. segment include truck, auto parts, pump and valves, machinery parts, pulleys and flywheels, pedestal and frames, cylinder and pistons, crank and crank case, series cast iron made classical vee-pulley and taper bushed, vee-pulleys sprocket and gears, timing wheel, flat belt wheel and roller wheels, cast iron flywheel dynamic balanced or static balanced, cast iron made hand wheels bearing block, flexible couplings, brake rotors & drums, tie rod and rail wheels, ductile iron cranks, cast iron crank case, cast iron cylinders, cylinder hub. QBF produces and assembles wind turbines for two major customers. QBF also provides services for welding, precise machining, forming and stamping, cutting, and bending. The Powin Wooden segment includes warehousing services in support of the company's OEM customers and, warehousing support of the company's other segments. The MACO Furniture segment include bed frames, chests and night stands made of solid alder and pine woods. The company also registered three new segments: Channel Partner Program, Inc., Powin Renewable Energy Resources, Inc. and Gladiator Fitness and Outdoor Products, Inc. The Channel Partner Program segment includes U.S. manufacturers to introduce and distribute their products via e-commerce channels into China's vast and fast-growing consumer marketplace. The Powin Renewable Energy Resources, Inc. segment intends to offer OEM services to suppliers of products in the green renewable energy market. In addition, it will offer a complete turnkey line of renewable energy products such as LED lighting and fixtures, wind turbines, solar panels and lithium batteries for storage and backup. The Gladiator Fitness & Outdoor Products, Inc. segment intends to manufacturing and distributing low to middle market fitness equipment such as weight benches, treadmills and exercise bikes. Its main products produced are gun safes, outdoor cooking equipment, fitness and recreational equipment, truck parts, furniture equipment, plastic products and electrical appliances. Powin was founded by Joseph Lu in 1989 and is headquartered in Tualatin, OR.

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