Babcock & Wilcox
 |
|
| Public | |
| Traded as | : BW |
| Industry |
|
| Founded | 1867 |
| Founders | |
| Headquarters | Charlotte, North Carolina, United States |
|
Area served
|
Worldwide |
|
Key people
|
|
| Products |
|
| Revenue |
 US$1.6 billion (2015) |
|
US$21.9 million (2015) |
|
|
US$19.3 million (2015) |
|
| Total assets |
US$1.7 billion (2015) |
| Total equity |
US$748.4 million (2015) |
|
Number of employees
|
5,700 (2016) |
| Website | www |
|
Footnotes / references |
|
Babcock & Wilcox Enterprises (: 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).
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.
...
Wikipedia