The Babcock & Wilcox Company Plans to Spin-off Power Generation Business November 6, 2014 2014 Babcock & Wilcox Company. All Rights Reserved.
Segments and End Markets The Babcock & Wilcox Company (B&W) BWX Technologies, Inc. announced plans to spin-off the companys Government & Nuclear Operations Power Generation business Headquarters: Lynchburg, VA o Tax-free spin-off…
Compelling Strategic Benefits The Company believes that the planned spin-off will result in material benefits to the standalone companies: Efficient Capital Flexibility to deploy and execute a focused capital structure Allocation…
Overview of the New Babcock & Wilcox The Power Generation business will continue to operate under the Babcock & Wilcox (B&W) name Leading technology-based provider of advanced fossil and renewable power generation equipment o…
The New Babcock & Wilcox Organization Chart Chairman and Chief Executive Officer E. J. (Jim) Ferland Executive Assistant to the CEO J. E. (Jessica) Klomparens J. L. (Jenny) Apker M. A. (Mark) Carano E. (Elias) Gedeon J. R.…
The New Babcock & Wilcox Locations Key Office & Mfg. Service Centers, Reps, Licensees Key Office & Manufacturing Esbjerg/Copenhagen, Denmark Dumbarton, Scotland Straubing, Germany Gothenburg, Sweden Key Office &…
Overview of BWX Technologies, Inc. BWX Technologies, Inc. (BWXT) to comprise the Nuclear Operations, Technical Services, Nuclear Energy and mPower businesses Provides nuclear components and fuel to the U.S. government as the…
BWX Technologies, Inc. Organization Chart Executive Chairman J.A. (John) Fees Executive Assistant to the Chairman F.M. (Faith) Nixon D. S. (David) Black J. D. (James) Canafax P.S. (Sandy) Baker B. H. (Ben) Bash R.W.…
BWX Technologies, Inc. Locations Joint Ventures West Valley, NY Niskayuna, NY Dravosburg, PA Piketon, OH Lexington, KY Paducah, KY Idaho Falls, ID Carlsbad, NM Los Alamos, NM Las Vegas, NV Livermore, CA Key Operations…
Key Next Steps Various closing conditions, including: Preparation of financial statements and filing of Form 10 SEC review of Form 10 Regulatory review by the U.S. Nuclear Regulatory Commission No shareholder vote required…
Transaction Summary B&W shareholders as of the record date will own common stock of two public companies following the spin-off: New B&W and BWXT New B&W and BWXT are leaders in their markets and are well-positioned to operate as…
Loading...
