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B&W Signs Definitive Agreement with Toshiba and USEC

25 May 2010

The Babcock & Wilcox Company (B&W) announced today that its affiliate, Babcock & Wilcox Investment Company, and Toshiba Corporation (TOKYO: 6502) have signed a definitive agreement to make an investment in USEC Inc. (NYSE: USU) over three phases, each of which is subject to satisfaction of specific preconditions, including regulatory approvals. The $200 million investment, shared equally between Toshiba and B&W, will strengthen the deployment of the American Centrifuge Plant and create key new business opportunities throughout the nuclear fuel cycle.

B&W on Winning Team for Paducah Cleanup Contract

18 May 2010

The Department of Energy (DOE) has awarded the team of LATA-Stoller-B&W a cleanup contract, valued at approximately $285 million, at the Paducah Gaseous Diffusion Plant near Paducah, Kentucky. Babcock & Wilcox Technical Services Group, Inc. (B&W TSG) is a member of the winning team, which was chosen over four other bids for the contract.

B&W Establishes Itself as a Leader in Biomass Energy

13 May 2010

In the past 16 months, Babcock & Wilcox Power Generation Group, Inc. (B&W PGG) has continued to demonstrate itself as a leader in the field of clean energy technology, signing contracts to build, replace or retool three boilers to fire biomass and conduct 16 engineering studies for customers interested in generating power from biomass fuels. B&W PGG is an operating unit of The Babcock & Wilcox Company.

B&W Volund to Supply Waste-to-Energy Boiler for Plant in Sweden

06 May 2010

Denmark-based Babcock & Wilcox Vølund A/S (B&W Vølund), a subsidiary of Babcock & Wilcox Power Generation Group, Inc. (B&W PGG), recently signed a contract worth approximately $70 million to design and supply a waste-to-energy boiler for a new power plant in Sweden. B&W PGG is an operating unit of The Babcock & Wilcox Company.

B&W Announces New N-Stamp Certifications

04 May 2010

The Babcock & Wilcox Company (B&W) is pleased to announce that its commercial nuclear operations have received additional American Society of Mechanical Engineers (ASME) N-Stamp certifications. The certifications are considered the industry standard for quality assurance of materials, design, construction, operation, inspection and continuing maintenance of nuclear facilities.

B&W to Install Scrubbers at Michigan Power Plant

30 April 2010

Babcock & Wilcox Power Generation Group, Inc. (B&W PGG) has signed a contract worth approximately $90 million to design, engineer, procure and construct wet flue gas desulfurization (FGD) systems for two 825 megawatt units at Detroit Edison Company's Monroe Power Plant in Monroe, Mich. B&W PGG is an operating unit of The Babcock & Wilcox Company.

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.



Press Contacts:

BWX Technologies, Inc.

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+1 434.522.3800

BWXT Canada Ltd.  

Natalie Cutler 
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BWXT Nuclear Energy Canada Inc.

Natalie Cutler
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Nuclear Fuel Services, Inc.

Laura Bailey 
+1 423.743.9141