News

The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that the joint venture between its subsidiary Babcock & Wilcox Power Generation Group, Inc. (B&W PGG) and India-based Thermax Ltd. (Thermax), has broken ground on a 699,000-square-foot, $160 million boiler manufacturing plant near Pune, India.

The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its Babcock & Wilcox Nuclear Operations Group, Inc. (B&W NOG) manufacturing facility in Euclid, Ohio, has received N-Stamp accreditation from the American Society of Mechanical Engineers. The certification is considered the industry standard for quality assurance of materials, design, construction, operation, inspection and continuing maintenance of nuclear facilities. B&W's Mt. Vernon, Ind.; Barberton, Ohio; Lancaster, Ohio; and Cambridge, Ontario, Canada; facilities also hold N-Stamp certifications.

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 memorandum of understanding with Toshiba Corporation (Toshiba) to cooperatively explore strategic, manufacturing, research and other opportunities in advanced supercritical power generation and solar energy technologies around the world.

The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its subsidiary Babcock & Wilcox Technical Services Group, Inc. (B&W TSG) and USEC Inc. (USEC) have completed the formation of American Centrifuge Manufacturing, LLC (ACM) to provide integrated manufacturing, assembly and delivery of centrifuge machines for USEC's American Centrifuge Plant in Piketon, Ohio.

The Babcock & Wilcox Company (B&W) (NYSE: BWC) and its consortium partner, BE&K Construction Company, LLC (BE&K), have been awarded a contract worth more than $668 million to engineer, design, procure and construct a new, state-of-the-art waste-to-energy power plant for the Solid Waste Authority (SWA) of Palm Beach County in West Palm Beach, Fla.

The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that it has received a $5 million grant from the Virginia Tobacco Indemnification and Community Revitalization Commission (TICRC) for its Integrated System Test (IST) facility in Bedford County, Va. The facility is located at the Center for Advanced Engineering and Research (CAER), currently being constructed at the New London Business & Technology Center.

The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its Denmark-based subsidiary, Babcock & Wilcox Vølund A/S (B&W Vølund), has been awarded a contract worth more than $30 million to design and supply a boiler, combustion system, emissions control components and other equipment for the expansion of a waste-to-energy, combined heat and power plant in Lidköping, Sweden.

The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that it is in discussions with Toshiba Group (Toshiba) to provide nuclear technical assistance and services to secure and maintain the safety of the nuclear power plants at Fukushima Daiichi in Japan. The scope of work has not yet been defined.

Generation mPower LLC, a joint company formed by The Babcock & Wilcox Company (B&W) (NYSE:BWC) and Bechtel to design, license and build the next generation of nuclear power plants based on B&W mPower™ reactor technology, today announced several executive leadership appointments.

The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that Winfred D. Nash, 66, President of Babcock & Wilcox Nuclear Operations Group, Inc. (B&W NOG) has informed B&W of his retirement, effective April 1, 2011.