B&W Company News
Showing 1–5 of 76 Results

B&W Provides Update on U.K. Renewable Projects

9/27/2017

(CHARLOTTE, N.C. – September 27, 2017) – Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE:BW) reported that it has identified a structural steel issue at a renewable energy project in the United Kingdom.  Management believes that the issue is the result of an engineering error by a subcontractor, and work has been stopped at the project pending further investigation.  Additionally, while the issue has not manifested itself in other projects, the company has proactively stopped work at two renewable projects in the United Kingdom that have similar engineering designs.
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Babcock & Wilcox Announces Second Quarter 2017 Results

8/9/2017

New Renewable execution model introduced in Europe; reports charge on ongoing Renewable projects Solid gross margin performance in Power Cross selling and end-market improvements drive strong Industrial bookings New financing arrangements in place; second-lien term loan and bank credit agreement amendment  
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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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