The History of Babcock & Wilcox Canada

1844 Dumfries foundry started in Cambridge, Ontario.
1859 John Goldie and Hugh McCulloch purchased foundry.
1867 George Babcock & Stephen Wilcox obtained patents for "Babcock & Wilcox Non-Explosive Boiler" (water tube boiler) & "Babcock & Wilcox Stationary Steam Engine".
1881 The Babcock & Wilcox Company incorporated in New Jersey, USA.
1891 Goldie & McCulloch began to concentrate on steam engines, boilers and heaters
Babcock & Wilcox, Limited incorporated in Britain.
1923 Babcock & Wilcox, Limited and The Babcock & Wilcox Company bought into The Goldie & McCulloch Company Limited of Cambridge, Ontario, forming Babcock-Wilcox & Goldie-McCulloch Ltd. in Canada.
1953 The Babcock & Wilcox Company entered the commercial nuclear power market in the 1950s and formed the Atomic Energy Division in Barberton, Ohio in 1953. Today, the McDermott US nuclear shops (BWX Technologies Inc.) are used entirely for components of the US Navy nuclear fleet. All nuclear services and production for electric power generation are done by Babcock & Wilcox Canada.
1963 Babcock & Wilcox became sole owner, acquiring the Goldie-McCulloch interests.
1968 Babcock-Wilcox and Goldie-McCulloch Ltd. renamed Babcock & Wilcox Canada, Ltd.
1969 Babcock & Wilcox Canada, Ltd. began a $10 million series of expansions that continued for a decade.
1978 McDermott International, Inc. purchased B&W.
1982 - 1994 Babcock & Wilcox Canada managed B&W's expansion into international markets including joint ventures in six countries.
1989 Babcock & Wilcox opened a second manufacturing facility in Melville, Saskatchewan, Canada.
1993 Babcock & Wilcox sold its interest in the Babcock & Wilcox Nuclear Service Company (a small joint venture with Framatome, that provided services and fuel to a few nuclear plants in the USA). As part of the agreement, Framatome became a licensee permitted to use certain Babcock & Wilcox technologies to support this service business. However, Babcock & Wilcox did not sell its ownership or rights to its technology.