B&W Company News
Showing 1–5 of 74 Results

B&W to Expand Industrial Segment, Makes Executive Appointment

5/23/2017

(CHARLOTTE, N.C. – May 23, 2017) – Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (B&W) today announced that effective July 1, 2017, its Industrial Steam Generation group will transition from the Power segment to the Industrial segment. In addition, effective immediately, Leslie Kass has been named Senior Vice President, Industrial, to lead the segment.
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Babcock & Wilcox Announces First Quarter 2017 Results

5/9/2017

- Power segment in line with expectations; gross margin performance remains solid- Strong Industrial bookings led by B&W SPIG's U.S. awards- Renewable segment on target- Maintaining 2017 adjusted EPS guidance 
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B&W SPIG Awarded Contracts Totaling $60 Million in First Quarter of 2017

4/27/2017

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE:BW), announced today that its subsidiary, Babcock & Wilcox SPIG, Inc. (B&W SPIG), was awarded three major contracts totaling more than $60 million in the first quarter of 2017 to design and supply dry cooling systems for U.S. customers.
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Steven A. Scavuzzo Named Recipient of B&W’s Engineering Honors Award

3/27/2017

(BARBERTON, Ohio – March 27, 2017) – Babcock & Wilcox (B&W) announced today that Steven A. Scavuzzo, a B&W engineer, technical consultant in the company’s Barberton office and Bath Township resident, has been chosen as the 38th recipient of B&W’s annual Engineering Honors Award.
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Babcock & Wilcox Announces Fourth Quarter 2016 Results

2/28/2017

- Power segment in line with expectations; improves gross profit margin - Industrial segment achieves strong revenue growth from acquisition - Renewable segment enhancing execution model; takes charge on ongoing projects (CHARLOTTE, N.C. – February 28, 2017) – Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE:BW) announced today fourth quarter 2016 revenues of $380.0 million, a decrease of $122.7 million, or 24.4%, compared to the fourth quarter of 2015. GAAP earnings per share for the fourth quarter of 2016 were a loss of $1.47 compared to a loss per share of $0.10 for the fourth quarter of 2015. Adjusted earnings per share, which exclude the gain on sale of an equity method investment, non-cash mark-to-market adjustments for pension and other post-retirement benefits, acquisition and integration costs, litigation charges, restructuring activities, and spin-off transaction costs, were a loss of $1.60 for the three months ended December 31, 2016 compared to adjusted earnings per share of $0.47 in the prior year period.
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