Babcock & Wilcox Preps Power Segment Spinoff in Third-Quarter 2014, Puts Bid Pipeline at $2.9 Billion
SUGAR LAND--November 7, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--Energy services provider The Babcock & Wilcox Company (NYSE:BWC) (B&W) (Charlotte, North Carolina) saw mixed financial but strong operational results in third-quarter 2014, as the Nuclear Operations segment reported record revenues and the company prepared to spin off its Power Generations segment. Industrial Info is tracking about $5.5 billion in active projects involving B&W.
Within this article: Details on B&W's quarter and projects, including the addition of two scrubber units at a plant in Indiana and the highly anticipated, $1.65 billion FutureGen 2.0 Power Project in Meredosia, Illinois.
Other companies featured: Foster Wheeler (NASDAQ:FWLT)
