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Babcock & Wilcox Announces Fourth Quarter 2017 Results
March 1, 2018
- Announces new financing arrangements to remove second-lien term loan- U.K. Renewable new-build loss projects moving forward- MEGTEC and Universal strategic evaluations ongoing- Introduces 2018 adjusted EBITDA guidance
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B&W Employees Raise More Than $100,000 for United Way
February 27, 2018
February 27, 2018
Babcock & Wilcox employees in Barberton and Copley, Ohio, USA, recently helped raise more than $108,000 for the United Way of Summit County during its 2017-2018 campaign.
Their efforts were part of B&W’s ongoing commitment to community involvement and giving back to those in need.
[image src="/assets/News/BW-Employees-Volunteer-Raise-Money-For-United-Way-Babcock-Wilcox.png" id="734" width="540" height="360" class="center ss-htmleditorfield-file image" alt="BW Employees Volunteer Raise Money For United Way Babcock Wilcox"]
Several employees kicked off the campaign last year ...
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Babcock & Wilcox employees in Barberton and Copley, Ohio, USA, recently helped raise more than $108,000 for the United Way of Summit County during its 2017-2018 campaign.
Their efforts were part of B&W’s ongoing commitment to community involvement and giving back to those in need.
[image src="/assets/News/BW-Employees-Volunteer-Raise-Money-For-United-Way-Babcock-Wilcox.png" id="734" width="540" height="360" class="center ss-htmleditorfield-file image" alt="BW Employees Volunteer Raise Money For United Way Babcock Wilcox"]
Several employees kicked off the campaign last year ...
B&W Employees Volunteer at Local Children's Hospital
February 21, 2018
February 21, 2018
We’re proud to recognize more than a dozen Babcock & Wilcox employees from our Barberton, Ohio office who recently volunteered for the annual Have a Heart, Do Your Part Radiothon at Akron Children’s Hospital.
[image src="/assets/News/BW-Volunteers-Akron-Radiothon-Babcock-Wilcox.png" id="735" width="600" height="111" class="center ss-htmleditorfield-file image" alt="BW Volunteers Akron Radiothon Babcock Wilcox"]
Held in partnership with local radio station WKDD, the Radiothon raised more than $650,000 over a three-day period for much-needed child-size medical equipment, pa...
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We’re proud to recognize more than a dozen Babcock & Wilcox employees from our Barberton, Ohio office who recently volunteered for the annual Have a Heart, Do Your Part Radiothon at Akron Children’s Hospital.
[image src="/assets/News/BW-Volunteers-Akron-Radiothon-Babcock-Wilcox.png" id="735" width="600" height="111" class="center ss-htmleditorfield-file image" alt="BW Volunteers Akron Radiothon Babcock Wilcox"]
Held in partnership with local radio station WKDD, the Radiothon raised more than $650,000 over a three-day period for much-needed child-size medical equipment, pa...
Babcock & Wilcox to Webcast Discussion of Its Fourth Quarter 2017 Results
February 12, 2018
(CHARLOTTE, N.C. – February 12, 2018) – Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (the “Company”) expects to host a conference call and webcast on Thursday, March 1, 2018 at 5:00 p.m. ET, during which management will discuss the Company’s fourth quarter 2017 results. A news release detailing the results is expected to be issued after the market close that day.
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Jim Epsilantis Named General Manager of B&W’s Palm Beach Resource Recovery Corporation
February 8, 2018
February 08, 2018WEST PALM BEACH, Fla. – Babcock & Wilcox (B&W) recently announced Jim Epsilantis has been named general manager of the company’s Palm Beach Resource Recovery Corporation (PBRRC) subsidiary, which provides operations and maintenance services for two B&W-built waste-to-energy plants in West Palm Beach, Fla.Jim brings more than 29 years of experience in the power and energy industry with over 17 years specifically working in the waste-to-energy industry. Most recently, he was plant manager with Wheelabrator Technologies, where he was responsible for operations, maintenance, e...
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Babcock & Wilcox Initiates Executive Transition
February 1, 2018
CHARLOTTE, N.C.
Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE:BW) announced today that it has appointed Leslie C. Kass to serve as Chief Executive Officer and a member of the Company’s Board of Directors, effective immediately. Jim Ferland will work closely with Ms. Kass, the management team and the Board in the role of Executive Chairman until he steps down from the Board on June 30, 2018 per his current employment agreement.
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Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE:BW) announced today that it has appointed Leslie C. Kass to serve as Chief Executive Officer and a member of the Company’s Board of Directors, effective immediately. Jim Ferland will work closely with Ms. Kass, the management team and the Board in the role of Executive Chairman until he steps down from the Board on June 30, 2018 per his current employment agreement.
B&W SPIG to Provide Cooling System Services at Petrochemical Plant in Belgium
January 31, 2018
January 31, 2018ARONA, Italy - Babcock & Wilcox SPIG (B&W SPIG), a subsidiary of Babcock & Wilcox Enterprises, Inc., has been awarded a contract to provide cooling tower upgrade services for Total Olefins Antwerp NV (TOA).B&W SPIG will develop solutions to improve the performance of an existing cooling tower at Total’s Olefins plant in Antwerp, Belgium. Using proven service engineering capability, B&W SPIG customized an outcome-based solution fulfilling client’s needs.“Tailoring similar revamping and upgrading solutions is important to our customers in the oil and gas industry, particula...
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B&W Appoints Three New Independent Directors - Enters Agreement with Vintage Capital Management, LLC, B&W’s Largest Shareholder
January 4, 2018
(CHARLOTTE, N.C. – January 3, 2018) – Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE:BW) announced today that it has appointed Brian R. Kahn, Henry E. Bartoli and Matthew E. Avril to the Company’s Board of Directors. Mr. Kahn is the founder and managing partner of Vintage Capital Management, which owns 14.9% of the Company’s common shares. Mr. Bartoli is an established executive with over 35 years of experience in the global power industry; Mr. Avril has over 35 years of financial and operational experience in private and public companies.
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Koen W. Bogers Named Managing Director of B&W Vølund
December 7, 2017
(ESBJERG, DENMARK – December 7, 2017) – Babcock & Wilcox Enterprises, Inc. (B&W) announced today that Koen W. Bogers has been named Managing Director of its Denmark-based Renewable energy subsidiary, Babcock & Wilcox Vølund (B&W Vølund).
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Babcock & Wilcox Announces Third Quarter 2017 Results
November 8, 2017
U.K. Renewable new-build projects continue to advance. Cost-savings actions targeting $45 million in annual savings underway. Evaluating strategic alternatives for MEGTEC and Universal.
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Babcock & Wilcox to Webcast Discussion of Its Third Quarter 2017 Results
October 26, 2017
CHARLOTTE, N.C.--(BUSINESS WIRE)-- Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (the “Company”) expects to webcast a discussion of its third quarter 2017 results on Wednesday, November 8, 2017 at 5:00 p.m. ET.
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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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