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The Babcock & Wilcox Company (BWC)

29.01 Down 0.04(0.14%) 11:24AM EDT - Nasdaq Real Time Price
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The Babcock & Wilcox Company
13024 Ballantyne Corporate Place
Suite 700
Charlotte, NC 28277
United States - Map
Phone: 704-625-4900
Fax: 704-625-4910

Index Membership:N/A
Sector:Industrial Goods
Industry:Diversified Machinery
Full Time Employees:11,000

Business Summary 

The Babcock & Wilcox Company operates as a specialty constructor of nuclear components for customers in the power and other steam-using industries. The company’s Power Generation segment designs, engineers, manufactures, supplies, constructs, and services utility and industrial power generation systems, including boilers used to generate steam in electric power plants, pulp and paper making, chemical and process applications, and other industrial uses. This segment also offers technologies to control nitrogen oxides, sulfur dioxide, fine particulate mercury, acid gasses, and hazardous air emissions; and construction services to steam generation or environmental equipment projects, and cogeneration and combined cycle installations, as well as provides environmental equipment and components, and related services. Its Nuclear Operations segment manufactures naval nuclear reactors for the U.S. Department of Energy/National Nuclear Security Administration’s Naval Nuclear Propulsion Program, which in turn supplies them to the U.S. Navy for use in submarines and aircraft carriers. The company’s Technical Services segment provides services to the U.S. Government comprising uranium processing, environmental site restoration services, and management and operating services for various U.S. Government-owned facilities. Its Nuclear Energy segment fabricates pressure vessels, reactors, steam generators, heat exchangers, and other auxiliary equipment. This segment also offers engineering services, such as structural component design, 3-D thermal-hydraulic engineering analysis, weld and robotic process development, and metallurgy and materials engineering. In addition, it provides power plant construction, management, and maintenance services; and services for nuclear steam generators and balance of plant equipment, as well as nondestructive examination and tooling/repair solutions. The company was founded in 1867 and is headquartered in Charlotte, North Carolina.

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Corporate Governance 
The Babcock & Wilcox Company’s ISS Governance QuickScore as of Sep 1, 2014 is 3. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 8; Compensation: 2.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. E. James Ferland , 47
Chief Exec. Officer, Pres and Director
Mr. Anthony S. Colatrella , 58
Chief Financial Officer and Sr. VP
Mr. James D. Canafax , 43
Chief Compliance Officer, Sr. VP, Gen. Counsel and Corp. Sec.
Mr. Joseph A. Zwetolitz , 50
Pres of Babcock & Wilcox Nuclear Energy Inc
Mr. David S. Black , 52
Chief Accounting Officer and VP
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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