SOURCE: Industrial Info Resources

Industrial Info Resources

March 19, 2015 06:00 ET

Babcock & Wilcox Begins Process to Split Into Power, Nuclear Companies After Strong 2014, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Mar 19, 2015) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Earlier this week, energy services provider The Babcock & Wilcox Company (NYSE:BWC) (B&W) (Charlotte, North Carolina) took a preliminary step in its plan to spin off its Power Generation business. Babcock & Wilcox Enterprises Incorporated, a newly formed subsidiary that will consist of the company's power generation business, has filed an initial Form 10 Registration Statement with the U. S. Securities and Exchange Commission (SEC). Industrial Info is tracking $5.69 billion in B&W projects at power facilities fired by coal, natural gas and waste, and $10 million in projects at a nuclear fuels plant that supplies the U.S. Navy.

Within this article: Details on B&W's planned split and plans for both companies.

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

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