Brash Babcock & Wilcox Enterprises, Inc. (NYSE: BW) was founded in 1867 and is headquartered in Charlotte, North Carolina, USA, with 5,700 full-time employees. It is a company that provides energy and environmental protection technologies and services for the global power and industrial markets .
Brash Babcock & Wilcox Enterprises (BW):
Babcock & Wilcox Enterprises provides energy and environmental technologies and services to the global power and industrial markets. The company is divided into three departments to operate: Global Power, Global Services, and Industrial Environment.
- Global power sector: engaged in the design, manufacture, production, construction and operation of steam power generation and environmental systems and other related equipment. Products include boilers, which are used in public utilities and industrial fields, including: advanced subcritical boilers, fluidized beds, biomass, garbage resource recovery, chemical recovery, industrial energy, packaging, waste heat boilers and heat recovery steam generators and solar thermal power System; wet and dry flue gas desulfurization and desulfurization system, catalytic and non-catalytic nitrogen oxide reduction system, low nitrogen oxide burner and overfire air system, fiber filter dust chamber, dry and wet electrostatic precipitator, mercury control system, and Dry additive injection for acid gas emission reduction.
- Global Service Department: Provide product after-sales and services for independent power companies and industrial enterprises, such as replacement parts, on-site technical services, renovation and upgrade projects, fuel conversion and power plant renovation projects, construction and maintenance services, start-up and commissioning, training programs, factories Operation and maintenance, etc.
- Industrial environment sector: design and manufacture oxidizers, solvents and distillation systems, wet and dry electrostatic precipitators, bag-type fiber filter devices, scrubbers and heat recovery systems, specialized industries for the chemical, pharmaceutical, energy storage, packaging and automotive markets Process system, coating production line and equipment.
History of Babcock & Wilcox Enterprises (BW):
- In 1867, Stephen Wilcox and his partner George Herman Babcock founded the company;
- In 1891, Babcock & Wilcox Ltd was established as an independent British company;
- In 1898, Robert Jurenka and Alois Seidl and British Babcock & Wilcox Ltd established the Babcock sales subsidiary in Berlin, Germany;
- In 1902, the boiler of the first subway in New York City was manufactured by B&W;
- In 1929, B&W installed the world’s first commercial-scale recovery boiler in Quebec, Canada;
- From 1941 to 1945, B&W built 4,100 boilers for the commercial and military fleets, including 95% of the US fleet’s warships in Tokyo Bay that received Japanese surrender;
- In 1942, the company developed the cyclone furnace;
- 1943-1945, B&W provided improvements in components, materials and processes for the Manhattan Project;
- From 1949 to 1952, B&W provided 8 boilers to the US SS fleet (the fastest ocean liner ever);
- From 1953 to 1955, B&W designed and manufactured components for the Nautilus nuclear-powered submarine (the world’s first nuclear-powered submarine);
- In 1961, B&W designed and supplied reactors for NS Savannah (the world’s first commercial nuclear-powered ship);
- In 1962, B&W used HEU-233 as B&W’s first commercial reactor, Indian Point, to design and arrange the reactor system;
- In 1975, B&W designed and built components for liquid metal fast breeder reactors;
- In 1975, the contract with the British Babcock & Wilcox Ltd expired and the British company was renamed Babcock International Group plc;
- In 1978, B&W participated in the nuclear reactor design and construction of the Three Mile Island accident;
- In 1999, B&W won a contract from the US Navy to develop fuel cells and steam reforming;
- On February 22, 2000, B&W submitted Chapter 11 bankruptcy protection, and was released from bankruptcy protection in 2006;
- On November 26, 2007, B&W under McDermott International, Inc. merged with BWX Technologies to form The Babcock & Wilcox Companies;
- On June 10, 2009, B&W announced B&W Modular Nuclear Energy, LLC (B&W MNE). On the same day, B&W MNE announced plans to design and develop the B&W mPower reactor-a modular, expandable nuclear reactor-125 MW, passive and safe Advanced Light Water Reactor (AHWR) (a third-generation reactor), which is designed and manufactured in a factory, transported by rail, and then buried deep underground;
- May 12, 2010, B & W (including its subsidiaries) announced from the parent company – McDermott International (McDermott International, Inc.) stripped from the company headquarters moved to Lynchburg, Virginia, North Carolina Charlotte, the main company For: The Babcock & Wilcox Company;
- On August 2, 2010, B&W IPO landed on the New York Stock Exchange, stock code: BWC;
- On July 1, 2015, Babcock & Wilcox and BWX Technologies (NYSE: BWXT) began trading separately on the New York Stock Exchange.