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Babcock & Wilcox Announces Third Quarter 2018 Results

11/8/2018

Continued progress toward completion of Renewable projects, despite increased estimated costs $62 million in cost savings program underway; initial benefits realized in third quarter Strategic divestitures closed, for $190 million in combined gross proceeds  
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Babcock & Wilcox to Webcast Discussion of Its Third Quarter 2018 Results

10/24/2018

BARBERTON, Ohio--(BUSINESS WIRE)-- Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (B&W or the “Company”) expects to host a conference call and webcast on Thursday, November 8, 2018 at 5:00 p.m. ET.
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B&W Closes Sale of MEGTEC and Universal Businesses

10/8/2018

(BARBERTON, Ohio – October 8, 2018) – Babcock & Wilcox Enterprises, Inc. (NYSE:BW) announced today that it has closed the sale of its MEGTEC and Universal industrial services business to Dürr AG for $130 million, subject to adjustment.
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Babcock & Wilcox Announces Completion of CFIUS Review

10/2/2018

(BARBERTON, Ohio – October 2, 2018) – Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (“B&W”) announced that the Committee on Foreign Investment in the United States (CFIUS) has completed its review of the company’s previously announced sale of its MEGTEC and Universal businesses to Dürr AG (“Dürr”) and determined that there are no unresolved national security concerns with respect to the sale.  All required regulatory reviews for the transaction are now complete, and B&W and Dürr are making final closing preparations.  The parties expect to close promptly.
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Babcock & Wilcox to Relocate Headquarters to Ohio, Move to New Offices in Akron

9/24/2018

(BARBERTON, Ohio – September 24, 2018) – Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (B&W) announced today it has reached an agreement with joint venture developers Industrial Commercial Properties LLC (ICP) and Industrial Realty Group, LLC (IRG) to lease new office space in the renovated East End development in Akron, Ohio, and that its Barberton and Copley operations will relocate to this new space in 2019. The lease agreement is for an initial term of 15 years. Additionally, B&W announced it is relocating its corporate headquarters to Ohio from Charlotte, N.C.
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