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B&W Consolidates Commercial Nuclear Operations into Single Business Unit

05 April 2010

The Babcock & Wilcox Company (B&W) announces it is combining two of its business units into a single organization to accelerate its growth in the commercial nuclear power sector. Babcock & Wilcox Nuclear Energy, Inc. will be formed through the combination of B&W Nuclear Power Generation Group, Inc. and B&W Modular Nuclear Energy, LLC. Christofer M. Mowry, currently the President and CEO of B&W Modular Nuclear Energy, has been named President of the new organization. The consolidation is expected to be effective in April 2010.

"B&W has a decades-long heritage of excellence in nuclear manufacturing, construction and services," said Mary Pat Salomone, Chief Operating Officer of B&W. "The company has recently attracted strong U.S. and global interest in our B&W mPower™ small modular reactor. We have also expanded our business activities in the U.S. nuclear services market over the past two years. Integrating our two existing commercial nuclear business units will enable B&W to further strengthen our portfolio of solutions for new and existing customers as the industry resurgence continues across North America and internationally."

B&W Nuclear Energy will be headquartered in Charlotte, N.C, with supporting operations in existing B&W locations in Virginia, Ohio, and Indiana, as well as Ontario, Canada.

About B&W

The Babcock & Wilcox Company (B&W), a major operating subsidiary of McDermott International, Inc., is a leader in advanced energy technology innovation and service, primarily in nuclear and fossil power. Providing quality products and technical services to commercial and government customers, B&W is focused on issues such as energy efficiency, clean air, global market competitiveness, and safe and secure resolution for nuclear waste. B&W has locations worldwide and employs more than 20,000 people. The company is located on the Internet at www.babcock.com.

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B&W Contact:
Jud Simmons
The Babcock & Wilcox Company
434.522.6462 
hjsimmons@babcock.com

 
 

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Press Contacts:

BWX Technologies, Inc.

Jud Simmons 
+1 434.522.3800
hjsimmons@bwxt.com

BWXT Canada Ltd.  

Natalie Cutler 
+1 519.620.5288 
nacutler@bwxt.com 

BWXT Nuclear Energy Canada Inc.

Natalie Cutler
+1 519.620.5288  
nacutler@bwxt.com 

Nuclear Fuel Services, Inc.

Laura Bailey 
+1 423.743.9141
lebailey@nuclearfuelservices.com