The Babcock & Wilcox Co.

Sector: Electric Services Region: NC, United States

Exchange/Ticker: New York Stock Exchange: BWC

Company Description

The Babcock & Wilcox Co. provides energy products and services. The company provides 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. It operates through four business segments: Power Generation, Nuclear Operations, Technical Services and Nuclear Energy. The Power Generation segment supplies boilers fired with fossil fuels, such as coal, oil and natural gas, or renewable fuels such as biomass, municipal solid waste and concentrated solar energy. This segment designs, engineers, manufactures, supplies, constructs and services large utility and industrial power generation systems, including boilers used to generate steam in electric power plants, pulp and paper making, chemical and process applications and other industrial uses. The Nuclear Operations segment specializes in the design and manufacture of close-tolerance and high-quality equipment for nuclear applications. It is a manufacturer of critical nuclear components, fuels and assemblies for government and commercial uses. The Technical Services 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. The Nuclear Energy segment supplies commercial nuclear steam generators and components to nuclear utility customers. This segment offers a full spectrum of services for steam generators and balance of plant equipment, as well as nondestructive examination and tooling/repair solutions for other plant systems and components. Babcock & Wilcox was founded by Stephen Wilcox and George Babcock in 1867 and is headquartered in Charlotte, NC.

Similar to: Hafslund ASA, Drax Group Plc, MVV Energie AG

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