B&W Thermal to Refurbish North American Power Plant to Maintain Efficiency and Performance
October 28 2020 - 6:30AM
Business Wire
- Babcock & Wilcox Construction Co., LLC provides
single-source, in-depth expertise for baseload power generation
across North America
Babcock & Wilcox (B&W) (NYSE: BW) announced today that
its B&W Thermal segment will perform boiler maintenance and
refurbish a bottom ash system for a power plant in North America.
The contract is valued at more than $7 million and was awarded to
B&W’s subsidiary, Babcock & Wilcox Construction Co., LLC
(BWCC).
The work is scheduled for the spring of 2021. The project scope
includes boiler and auxiliary equipment repairs, maintenance work
and outage support for the plant.
“As an important part of B&W Thermal’s product and service
offerings, BWCC is a single-source turnkey supplier of a full range
of field construction, construction management, installation,
refurbishment and maintenance services,” said B&W Chief
Operating Officer Jimmy Morgan. “BWCC’s network of regional service
centers and extensive experience with a wide range of projects
allows us to respond quickly to customers’ needs and provide safe,
reliable solutions at any facility.”
B&W Thermal offers a comprehensive suite of equipment and
solutions to keep the power fleet running reliably and efficiently.
With more than 150 years’ experience in the power industry, B&W
Thermal is one of the few U.S. companies with the technical
capabilities needed to service thermal plants, boilers and
emissions control equipment, no matter what type of challenges
customers may face.
About B&W
Headquartered in Akron, Ohio, B&W is a global leader in
energy and environmental technologies and services for the power
and industrial markets. Follow B&W on LinkedIn and learn more
at www.babcock.com.
About B&W Thermal
Babcock & Wilcox Thermal designs, manufactures and erects
steam generation equipment, aftermarket parts, construction,
maintenance and field services for plants in the power generation,
oil & gas, and industrial sectors. B&W Thermal has an
extensive global base of installed equipment for utilities and
general industrial applications including refining, petrochemical,
food processing, metals and more.
Forward-Looking Statements
B&W cautions that this release contains forward-looking
statements, including, without limitation, statements relating to
the execution and completion of a contract to perform boiler
maintenance and refurbish a bottom ash system for a power plant in
North America. These forward-looking statements are based on
management’s current expectations and involve a number of risks and
uncertainties. For a more complete discussion of these risk
factors, see our filings with the Securities and Exchange
Commission, including our most recent annual report on Form 10-K.
If one or more of these risks or other risks materialize, actual
results may vary materially from those expressed. We caution
readers not to place undue reliance on these forward-looking
statements, which speak only as of the date of this release, and we
undertake no obligation to update or revise any forward-looking
statement, except to the extent required by applicable law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20201028005333/en/
Investor: Megan Wilson Vice President, Corporate
Development & Investor Relations Babcock & Wilcox
704.625.4944 | investors@babcock.com Media: Ryan Cornell
Public Relations Babcock & Wilcox 330.860.1345 |
rscornell@babcock.com
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