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Last $33.29 USD
Change Today +0.02 / 0.06%
Volume 462.3K
BWC On Other Exchanges
Symbol
Exchange
Berlin
New York
As of 8:04 PM 05/29/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

13024 Ballantyne Corporate Place

Suite 700

Charlotte, NC 28277

United States

Phone: 704-625-4900

Fax: 704-625-4910

The Babcock & Wilcox Company operates as a specialty constructor of nuclear components. The company provides various products and services to customers in the power and other steam-using industries, including electric utilities and other power generators, industrial customers in various other industries, and the United States government. Segments The company operates in five business segments: Power Generation, Nuclear Operations, Technical Services, Nuclear Energy, and mPower. Power Generation This segment provides advanced fossil and renewable power generation equipment for capital projects with a suite of boiler products and environmental systems. The company also provides a platform of aftermarket services to a large installed base of power generation facilities. In 2014, the company acquired MEGTEC Holdings, Inc., which designs, engineers, manufactures, and services air pollution control systems and coating/drying equipment for various industrial applications; and complements the company’s environmental products and solutions offerings. As a result of this acquisition, the company provides technology and services in the improving market for industrial environmental systems. This segment engages in engineering, manufacturing, procurement, and erection of equipment and technology used in the power generation industry and various other industries, as well as the provision of related services, including heavy-pressure equipment for energy conversion, such as boilers fueled by coal, oil, bitumen, natural gas, and renewables, including municipal solid waste and biomass fuels; environmental control systems for both power generation and industrial applications to incinerate, filter, recover and/or purify air, liquid and vapor-phase effluents from various power generation and manufacturing processes; aftermarket support for the global installed base of operating plants with various products and technical services, including replacement parts, retrofit and upgrade capabilities, field engineering, construction, inspection, operations and maintenance, condition assessment, and other technical support; and engineered-to-order services, products, and systems for energy conversion worldwide and related auxiliary equipment, such as burners, pulverizers, soot blowers, and ash handling systems, as well as the design and manufacture of ovens and dryers, specialized coating lines, and material handling systems for energy storage, membranes, digital printing, and other advanced manufacturing processes. Nuclear Operations This segment engineers, designs, and manufactures precision naval nuclear components and reactors for the U.S. Department of Energy (DOE)/National Nuclear Security Administration’s (NNSA’s) Naval Nuclear Propulsion Program. This segment engages in the design and manufacture of close-tolerance equipment for nuclear applications. In addition, the company manufactures critical nuclear components, fuels, and assemblies for government and limited other uses. The company supplies nuclear components for DOE programs and supplies research reactor fuel elements for colleges, universities, and national laboratories. The company also converts or downblends high-enriched uranium into low-enriched fuel for use in commercial reactors to generate electricity. In addition, the company supplies components for defense applications. The company works with the DOE-supported nuclear non-proliferation program. This program is assisting in the development of a high-density, low-enriched uranium fuel required for high-enriched uranium test reactor conversions. The company also engages in the receipt, storage, characterization, dissolution, recovery, and purification of various uranium-bearing materials. Technical Services This segment provides various services to the U.S. government, including uranium processing, environmental site restoration services, and management and operating services for various U.S. government-owned facilities. These services are provided to the Department of Defense and the DOE, including the NNSA, the Office of Nuclear Energy, the Office of Science, and the Office of Environmenta

 

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