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B&W Provides Update on U.K. Renewable Projects
September 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
August 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
May 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
May 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
April 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
March 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
February 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 ...
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- 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 ...
B&W Acquires Universal Acoustic & Emission Technologies, Inc.
January 11, 2017
Synergistic bolt-on to industrial segment Expands natural gas end-market exposure (CHARLOTTE, N.C. – January 11, 2017) – Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE:BW) has acquired Universal Acoustic & Emission Technologies, Inc. (UniversalAET), a Wisconsin-based provider of custom-engineered acoustic, emission and filtration solutions, effective today.
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B&W Awarded Contract to Replace Boiler at Ontario Steel Mill
January 6, 2017
(CHARLOTTE, N.C. – January 6, 2017) – Babcock & Wilcox Enterprises, Inc. (NYSE:BW) announced today that its subsidiary, The Babcock & Wilcox Company (B&W), has been awarded a contract to supply and install a replacement boiler for ArcelorMittal Dofasco’s Hamilton, Ontario, steel manufacturing plant.
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B&W Subsidiary Awarded $35 Million Contract for Boiler for Sweden Waste to Energy Plant
December 21, 2016
(CHARLOTTE, N.C. – December 21, 2016) – Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE:BW) announced today that its Denmark-based subsidiary, Babcock & Wilcox Vølund A/S (B&W Vølund), has been awarded a contract for approximately $35 million to design, supply and construct a waste-to-energy boiler for a combined heat and power plant in Boden, Sweden.
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B&W Announces Executive Appointments
December 6, 2016
(CHARLOTTE, N.C. – December 6, 2016) – Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE:BW) is announcing a number of rotational changes involving key members of the company’s leadership team.
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B&W Subsidiary Awarded $40 Million Contract to Design Boiler for World’s Largest Waste Power Plant in China
November 29, 2016
(CHARLOTTE, N.C. – November 29, 2016) – Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE:BW) announced today that its Denmark-based subsidiary, Babcock & Wilcox Vølund A/S (B&W Vølund), has been awarded a contract for nearly $40 million to design a waste-to-energy boiler for Shenzhen Energy Environmental Engineering Co. Ltd. in Shenzhen, Guangdong Province, China.
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