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News Releases

B&W Expands Operations By Leasing Facility for B&W mPower Reactor Engineering and Design

23 December 2009
LYNCHBURG, VA.

The Babcock & Wilcox Company (B&W) has signed a multi-year lease with the City of Lynchburg for a 50,000-square foot facility to house its growing engineering and design team working on the new B&W mPower™ nuclear reactor. The facility can be reconfigured to provide office space for up to 300 engineers, designers and support personnel. Initially, about 35 employees will move into the facility.

In June 2009, B&W announced its plans to design and deploy a new modular nuclear reactor capable of generating power in 125 megawatt increments. The program is receiving continued interest from numerous potential customers. B&W has begun its pre-licensing activities with the Nuclear Regulatory Commission, and the company intends to submit the license application in early 2012.

About The Babcock & Wilcox Company

The Babcock & Wilcox Company (B&W), a major operating subsidiary of McDermott International, Inc., is a leader in advanced energy technology innovation and service, primarily in nuclear and fossil power. Providing quality products and technical services to commercial and government customers, B&W is focused on issues such as energy efficiency, clean air, global market competitiveness, and safe and secure resolution for nuclear waste. B&W has locations worldwide and employs more than 20,000 people. The company is located on the Internet at www.babcock.com.

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Contact:
Jud Simmons
The Babcock & Wilcox Company
434.522.6462 
hjsimmons@babcock.com