Babcock & Wilcox

Not to be confused with Babcock International.
Babcock & Wilcox Enterprises, Inc.
Traded as NYSE: BW
Founded 1867 (1867)
Headquarters Charlotte, North Carolina, United States
Area served
Key people
  • E. James Ferland (Chairman & CEO)
  • Fossil and Renewable Power Plants
  • Industrial Services
  • Environmental Services
Revenue Increase US$1.6 billion (2015)
Increase US$21.9 million (2015)
Increase US$19.3 million (2015)
Total assets Increase US$1.7 billion (2015)
Total equity Increase US$748.4 million (2015)
Number of employees
5,700 (2016)
Footnotes / references

Babcock & Wilcox Enterprises (NYSE: BW) is an American power generation company headquartered in Charlotte, North Carolina.


The company was founded in 1867 by Stephen Wilcox and George Babcock as Babcock, Wilcox & Company to manufacture and market Wilcox’s patented water-tube boiler. B&W's list of innovations and firsts include the world’s first installed utility boiler (1881); manufacture of boilers to power New York City’s first subway (1902); first pulverized coal power plant (1918); design and manufacture of components for USS Nautilus, the world’s first nuclear-powered submarine (1953–55); the first supercritical pressure coal-fired boiler (1957); design and supply of reactors for the first U.S. built nuclear-powered surface ship, NS Savannah (1961).[2]

The company previously known as The Babcock & Wilcox Company provided design, engineering, manufacturing, construction and facilities management services to nuclear, renewable, fossil power, industrial and government customers worldwide. B&W's boilers supply more than 300,000 megawatts of installed capacity in over 90 countries around the world. A reactor from B&W was destroyed by a nuclear meltdown in the Three Mile Island accident. During World War II, over half of the US Navy fleet was powered by Babcock & Wilcox boilers. The company has its headquarters in Charlotte, North Carolina. It has major operations in Lynchburg, Virginia; Barberton, Ohio; Euclid, Ohio; Lancaster, Ohio; West Point, Mississippi; Mount Vernon, Indiana; Oak Ridge, Tennessee; Erwin, Tennessee; Amarillo, Texas; Cambridge, Ontario; the Danish city of Esbjerg; and the German city of Straubing. B&W also has joint major joint venture companies in Beijing and the Indian city of Pune.[3]

On June 30, 2015, Babcock & Wilcox completed a spinoff from BWX Technologies, its former parent which is now headquartered in Lynchburg, Virginia. The two companies began trading separately on July 1.[4]

B&W employs approximately 5,700 people, in addition to several thousand joint venture employees.[3]

Power Generation Group

The Babcock & Wilcox nuclear steam generator is seen at the company's plant at Barberton, Ohio prior to shipment via the Penn Central Railroad to a Duke Energy site in Oconee, S.C. This generator can convert more than 10 million pounds of water per hour into steam.

B&W Power Generation Group, Inc. (B&W PGG) is based in Barberton, Ohio and provides engineering, design, construction and manufacturing services to the fossil and renewable power generation sectors and to heavy industry worldwide. B&W PGG and its subsidiaries have facilities in Ohio; Wisconsin; Arona, Italy; Beijing, China; Esbjerg, Denmark; and technology licensees around the world.[5]

Other related companies


The old B&W company logo, showing the world as an Aeolipile.
Babcock & Wilcox Co. works, Bayonne, New Jersey, circa 1919
1913 Babcock & Wilcox boiler section

See also


  1. Babcock & Wilcox Enterprises, Inc. (25 February 2016). "Form 10-K 2015". SEC EDGAR. Retrieved June 10, 2016.
  2. Steam/its generation and use, 41st Edition
  3. 1 2
  4. 1 2 Downey, John (July 1, 2015). "Babcock & Wilcox completes spinoff; two independent companies begin public trading". Charlotte Business Journal. Retrieved July 2, 2015.
  5. Power Generation for the Future Archived September 23, 2010, at the Wayback Machine.
  6. 1 2 "About B&W - History". Archived from the original on 1 April 2009. Retrieved 2009-04-01.
  7. "Records of Babcock International Group plc." Glasgow University Archive Services
  8. "Deutsche Babcock AG--Company History". Retrieved 2010-05-25.
  9. "Records of Babcock International Group plc, boiler makers and engineers, England". Retrieved 2009-04-28.
  10. "B&W Power Generation Group: Company History". Archived from the original on 2008-02-06. Retrieved 2009-04-01.
  11. Babcock & Wilcox Bankruptcy Reorganization Bar Date Notice and Claims Process Begins; Includes Apollo and Parks Township, Pennsylvania Nuclear Contamination And Radiation Claims
  12. Babcock & Wilcox plans modular reactor Archived June 15, 2011, at the Wayback Machine.
  13. B&W unveils modular nuclear power design
  14. DiSavino, Scott (Jun 10, 2009). "McDermott B&W unit unveils small nuclear reactor". Reuters. Retrieved Jun 10, 2009.
  15. Katherine Ling and GreenWire (June 10, 2009). "Company Calls New Small Nuclear Reactor a 'Game Changer'". New York Times. Retrieved June 10, 2009.
  16. Gentry, B.:, The News & Advance, May 12, 2010
  17. Peralta, Katherine (June 9, 2015). "Babcock & Wilcox approves spinoff, sets split date for July 1". The Charlotte Observer. Retrieved July 3, 2015.
  18. "The Babcock & Wilcox Company Begins Trading Today on the New York Stock Exchange". BUSINESS WIRE. Aug 2, 2010. Retrieved Aug 4, 2010.

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