Babcock & Wilcox

The Babcock & Wilcox Company
Type Public (NYSEBWC)
Industry Power Generation, Government Services
Founded 1867
Founder(s) Stephen Wilcox and George Herman Babcock
Headquarters Charlotte, North Carolina, United States
Area served Worldwide
Key people John A. Fees (Chairman)
Brandon C. Bethards (President & CEO)
Mary Pat Salomone (COO)
Christofer M. Mowry (President, B&W NE)
Peyton S. (Sandy) Baker (President, B&W NOG)
Richard L. Killion (President, B&W PGG))
S. Robert (Bob) Cochrane (President, B&W TSG)
Products Fossil and Nuclear Power Plants; Research and Development; Government Operations
Revenue $2.689B
Operating income $264M
Net income $153M
Employees ~12000 worldwide (full time)
Website http://www.babcock.com/

The Babcock & Wilcox Company (B&W) is a U.S.-based company that provides design, engineering, manufacturing, construction and facilities management services to nuclear, renewable, fossil power, industrial and government customers worldwide. B&W's boilers supply more than 300,000 megawatts of installed capacity in over 90 countries around the world.[1] During World War II, over half of the American US Navy fleet was powered by Babcock & Wilcox boilers.[2]

The company has its headquarters in Charlotte, North Carolina with major operations in Lynchburg, Virginia; Barberton, Ohio; West Point, Mississippi; Mount Vernon, Indiana; Oak Ridge, Tennessee; Erwin, Tennessee; Euclid, Ohio; and, Cambridge, Ontario.

Contents

Business units

Nuclear Energy Group

B&W Nuclear Energy, Inc. (B&W NE) was formed in 2010 by the merger of two B&W business units, Nuclear Power Generation Group (B&W NPG) and Modular Nuclear Energy (B&W MNE). The combined company will specialize in providing products and services to the North American and worldwide commercial nuclear power industry, including the recently announced mPower modular nuclear reactor. B&W is the only North American company to continuously manufacture nuclear steam generators for the commercial nuclear power industry since the 1950s. B&W NE's headquarters are located in Charlotte, NC.

Nuclear Operations Group

B&W Nuclear Operations Group, Inc. (B&W NOG) specializes in the design and manufacture of nuclear products and services for U.S. government applications. B&W NOG has four operating locations throughout the United States. B&W NOG's Barberton, Ohio, and Mount Vernon, Indiana, locations specialize in the design and manufacture of large, heavy components. B&W NOG facilities in Lynchburg, Virginia, and Euclid, Ohio, design and supply components for United States government programs. Nuclear Fuel Services, Inc. (NFS) is a subsidiary of B&W NOG, located in Erwin, Tennessee. B&W NOG's headquarters are located in Lynchburg, Virginia.[3]

Power Generation Group

B&W Power Generation Group, Inc. (B&W PGG) is based in Barberton, Ohio and provides engineering, design, construction and manufacturing services to the fossil and renewable power generation sectors and to heavy industry worldwide. B&W PGG and its subsidiaries have facilities in Ohio; Indiana; Mississippi; Beijing, China; Esbjerg, Denmark; and technology licensees around the world.[4]

Technical Services Group

B&W Technical Services Group, Inc. (B&W TSG) manages complex, high-consequence nuclear and national security operations, including nuclear production facilities and the nation's Strategic Petroleum Reserve. B&W TSG also provides a broad range of technical services to the U.S. Department of Energy and the National Nuclear Security Administration's operations. Headquartered in Lynchburg, Virginia and with regional offices in Oak Ridge, Tenn., B&W TSG operates three businesses: managing and operating large manufacturing or site closure contracts for the U.S. government, facilitating laboratory services and managing technical services.[5] B&W TSG operates the Y-12 National Security Complex, and is a member of the Los Alamos National Security, LLC. They hold the contract to manage the Pantex plant in Texas, alongside Honeywell and Bechtel Corporation. They are also a part of Lawrence Livermore National Security, LLC (LLNS), which was awarded the Management & Operation (M&O) contract to operate Lawrence Livermore National Laboratory, on May 8, 2007, to commence on October 1, 2007. This boiler is internally fired and water tube boiler.

Other related companies

History

See also

References

  1. ^ "B&W Power Generation Group: Facts and Figures". http://www.babcock.com/business_units/power_gen_group/facts.html. Retrieved 2009-04-01. 
  2. ^ a b c "About B&W - History". http://www.babcock.com/about/history.html. Retrieved 2009-04-01. 
  3. ^ http://www.babcock.com/library/pdf/E4011000.pdf Nuclear Operations for a Secure Tomorrow
  4. ^ http://www.babcock.com/library/pdf/E1013191.pdf Power Generation for the Future
  5. ^ http://www.babcock.com/library/pdf/E3011000.pdf Technical Services that Deliver Solutions
  6. ^ "Records of Babcock International Group plc." Glasgow University Archive Services
  7. ^ "Deutsche Babcock AG--Company History". fundinguniverse.com. http://www.fundinguniverse.com/company-histories/DEUTSCHE-BABCOCK-AG-Company-History.html. Retrieved 2010-05-25. 
  8. ^ "Records of Babcock International Group plc, boiler makers and engineers, England". http://www.archiveshub.ac.uk/news/0609babcock.html. Retrieved 2009-04-28. 
  9. ^ "B&W Power Generation Group: Company History". http://www.babcock.com/business_units/power_gen_group/facts_co_history.html. Retrieved 2009-04-01. 
  10. ^ http://www.thefreelibrary.com/Babcock+&+Wilcox+Bankruptcy+Reorganization+Bar+Date+Notice+and+Claims...-a067463016 Babcock & Wilcox Bankruptcy Reorganization Bar Date Notice and Claims Process Begins; Includes Apollo and Parks Township, Pennsylvania Nuclear Contamination And Radiation Claims
  11. ^ http://www.ohio.com/news/break_news/47655382.html Babcock & Wilcox plans modular reactor
  12. ^ http://www.world-nuclear-news.org/NN-BandW_unveils_modular_reactor_design-1006095.html B&W unveils modular nuclear power design
  13. ^ DiSavino, Scott (Jun 10, 2009). "McDermott B&W unit unveils small nuclear reactor". Reuters. http://www.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUSN1044654820090610. Retrieved Jun 10, 2009. 
  14. ^ Katherine Ling and GreenWire (June 10, 2009). "Company Calls New Small Nuclear Reactor a 'Game Changer'". New York Times. http://www.nytimes.com/gwire/2009/06/10/10greenwire-company-calls-new-small-nuclear-reactor-a-game-45123.html. Retrieved June 10, 2009. 
  15. ^ Gentry, B.:http://www2.newsadvance.com/lna/business/local/article/fees_bw_spinoff_aiming_for_june_30_completion/26899/, The News & Advance, May 12, 2010
  16. ^ "The Babcock & Wilcox Company Begins Trading Today on the New York Stock Exchange". BUSINESS WIRE. Aug 2, 2010. http://phx.corporate-ir.net/phoenix.zhtml?c=236851&p=irol-newsArticle&ID=1455002&highlight=. Retrieved Aug 4, 2010. 

External links