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News

B&W To Acquire International Industrial Products and Services Firm MEGTEC

13 May 2014

The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its subsidiary, Babcock & Wilcox Power Generation Group, Inc. (B&W PGG), has signed a definitive agreement to acquire industrial processes solutions provider MEGTEC based on an enterprise value of $155 million, subject to adjustment for MEGTEC’s cash and indebtedness and certain other closing items.


B&W, The Ohio State University Awarded U.S. DOE Funding For Continued Development of Carbon Dioxide Capture Technology

01 May 2014

The Babcock & Wilcox Company (B&W) (NYSE:BWC) is pleased to announce that the U.S. Department of Energy has selected its subsidiary, Babcock & Wilcox Power Generation Group, Inc. (B&W PGG), to receive a $2.5 million award for Phase 2 development of iron-based Coal Direct Chemical Looping (CDCL) technology.


B&W Names Elias Gedeon Senior Vice President and Chief Business Development Officer

01 May 2014

The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that Elias Gedeon has joined The Babcock & Wilcox Company (B&W) as Senior Vice President and Chief Business Development Officer.