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News Releases

B&W Announces Innovation Partners in Pursuit of Atomic Energy of Canada Ltd.’s Nuclear Laboratories

26 November 2013

(CHARLOTTE, N.C. – November 26, 2013) – The Babcock & Wilcox Company (B&W) (NYSE:BWC) is pleased to announce a teaming arrangement with Cavendish Nuclear Ltd. (Cavendish Nuclear) and Battelle in pursuit of the Government Owned Contractor Operated (GOCO) contract for managing Atomic Energy of Canada Ltd.’s (AECL) Nuclear Laboratories.

At a reception held in Petawawa, Ontario, on November 19, Ken Camplin, Vice President of Babcock & Wilcox Technical Services Group, Inc. (B&W TSG) was joined by Andrew Wettern, Business Development Director for Cavendish Nuclear, and Dr. Ron Townsend, Executive Vice President of Global Laboratory Operations for Battelle, to announce the new partnership and address municipal and community leaders along with members of the local media.

“We believe this team has the vast experience necessary to ensure a strong future for Canada's Nuclear Laboratories,” said George Dudich, President, B&W TSG. “This team offers world-class capabilities and valuable experiences gained from work in North America and the United Kingdom, and with our focus on growth in science and technology, our team offers an unrivaled track record of innovation.”

B&W’s roots in Canada date back to 1844 in Cambridge, Ontario, where B&W Canada Ltd. (B&W Canada) is headquartered. Since the 1950s, B&W Canada has designed and supplied  305 nuclear steam generators, including 259 CANDU steam generators (both OEM and replacement) for AECL’s CANDU nuclear plants in Canada and internationally. Complementing B&W's heritage in Canada and with Chalk River Laboratories, B&W supports the U.S. Department of Energy as a primary provider of contract services including national laboratory management, nuclear operations, infrastructure modernization, and environmental restoration and management.  

 B&W is a leading energy technology company that has pioneered innovative nuclear technologies such as its mPower™ small modular reactor and also provides technical services to government customers for safely operating nuclear facilities and sites, including nuclear laboratories. “We believe the key to success at Canada’s Nuclear Laboratories is executing science and technology and growing the research and development portfolio,” stated Camplin.

Cavendish Nuclear, headquartered in the United Kingdom (U.K.), is a world leader in the decommissioning and clean-up of nuclear sites similar to AECL’s Chalk River National Laboratory (CRNL). Cavendish Nuclear is the largest nuclear site management, engineering and support services contractor in the U.K., with nuclear site licensee experience at Harwell, Winfrith and Dounreay in England and Scotland.  Cavendish Nuclear brings core competencies in eliminating legacy environmental liabilities. “We are delighted to join up with world class nuclear operations and lab management partners to both clean up the past and pave a path for the future,” said Wettern.

With a focus on research and development, Battelle, headquartered in Columbus, Ohio, is an international science and technology enterprise with a management role at seven national laboratories. Battelle and B&W’s relationship stems back over 50 years and includes collaboration at the U.S. Department of Energy’s Oak Ridge National Laboratory and Idaho National Laboratory, which are relevant to missions and challenges presented at AECL’s CRNL. “Canada’s Nuclear Laboratories are held in high regard by the international community, and have a rich history in the development of the nuclear industry. We’re eager to partner with this team to provide a confident and secure future for Chalk River,” stated Townsend. “Battelle is all in.”

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About B&W
Headquartered in Charlotte, N.C., The Babcock & Wilcox Company is a leader in clean energy technology and services, primarily for the nuclear, fossil and renewable power markets, as well as a premier advanced technology and mission critical defense contractor. B&W has locations worldwide and employs approximately 12,000 people, in addition to approximately 10,400 joint venture employees. Learn more at www.babcock.com.

About Cavendish Nuclear Ltd.
Based in London, England, Cavendish Nuclear Ltd brings together the UK’s finest nuclear skills through the acquisition and merger over the past decade of: Alstec; INS; Weir Strachan & Henshaw; United Kingdom Atomic Energy Authority Ltd; and VT Group.  Cavendish Nuclear is the second largest site operator in the UK and their  work with EDF and Hitachi is of strategic national importance.  As a key service provider for the Nuclear Decommissioning Authority, Cavendish Nuclear is making a real difference in waste management and nuclear clean up where they are the Parent Body Organization (PBO) to the Site Licence Companies (SLC) at Harwell, Winfrith, and Dounreay – all UK government nuclear research sites similar to Chalk River. Cavendish Nuclear employs the UK's largest nuclear-skilled workforce with over 2,700 personnel working across the full nuclear life-cycle. 

Cavendish Nuclear Ltd is a wholly owned subsidiary of Babcock International Group.

Babcock International Group is also based in London, England, employs over 25,000 personnel and generates revenues in excess of $4.8B.  Babcock International Group has over 3000 nuclear-trained persons in their Marine Division who support Britain’s fleet of nuclear powered submarines.  Babcock International Group’s Babcock Canada, part of their Marine Division, also brings a proven track record in serving Canada’s Navy submarine program.

About Battelle
Every day, the people of Battelle apply science and technology to solving what matters most. At major technology centers and national laboratories around the world, Battelle conducts research and development, designs and manufactures products, and delivers critical services for government and commercial customers. Headquartered in Columbus, Ohio since its founding in 1929, Battelle serves the national security, health and life sciences, and energy and environmental industries. For more information, visit www.battelle.org

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Media Contacts:
Natalie Cutler
Babcock & Wilcox Canada
519.620.5288
nacutler@babcock.com  

Investor Contact: 
Jenny L. Apker 
Vice President,
Treasurer and Investor Relations
704.625.4937
investors@babcock.com