B&W realigns nuclear business in response to demand

Charlotte, N.C., January 12, 2012 — The Babcock & Wilcox Co. is realigning its commercial nuclear business in response to changing market conditions, growth opportunities and the continuing progress of its small modular reactor business.

Babcock & Wilcox Nuclear Energy, Inc. will comprise all non-SMR commercial nuclear operations, including global nuclear services, commercial nuclear equipment manufacturing and all related global sales initiatives.

Michael D. Lees is named president of the organization. Lees will also continue to serve as president of Babcock & Wilcox Canada Ltd. headquartered in Cambridge, Ontario.

Babcock & Wilcox Modular Nuclear Energy, Inc. will comprise all operations that relate to the research, development and deployment of B&W's SMR initiative using B&W mPower technology. Christofer M. Mowry is named president of B&W MNE. B&W's majority-owned unit, Generation mPower LLC, will report into B&W MNE.

Both Lees and Mowry will report directly to Mary Pat Salomone, senior vice president and chief operating officer of B&W.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs