B&W Consolidates Commercial Nuclear Operations into Single Business Unit
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.