{"id":402374,"date":"2020-12-17T16:33:29","date_gmt":"2020-12-17T21:33:29","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=402374"},"modified":"2020-12-17T16:33:29","modified_gmt":"2020-12-17T21:33:29","slug":"bw-thermal-announces-10-million-in-service-contracts","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/bw-thermal-announces-10-million-in-service-contracts\/","title":{"rendered":"B&W Thermal Announces $10 Million in Service Contracts"},"content":{"rendered":"

<\/p>\n

B&W Thermal Announces $10 Million in Service Contracts<\/b><\/p>\n

AKRON, Ohio–(BUSINESS WIRE<\/a>)–
\nBabcock & Wilcox (B&W) (NYSE:BW) announced today that its B&W Thermal segment has booked new service projects valued at more than $10 million. These contracts, for utility and industrial facilities, are in addition to more than $30 million in construction services bookings recently announced by B&W.\n<\/p>\n

\n\u201cB&W Thermal\u2019s service capabilities are a cornerstone of our growing business,\u201d said Jimmy Morgan, B&W Chief Operating Officer. \u201cCustomers turn to B&W Thermal to ensure their energy and industrial plants continue to operate efficiently and reliably, or when they need service or upgrade work to improve performance.\u201d\n<\/p>\n

\n\u201cB&W Thermal is known for providing reliable service and exceptional engineering expertise,\u201d Morgan said. \u201cThe service agreements we\u2019re announcing today represent a broad spectrum of the markets we serve, including utilities, natural gas, petrochemical facilities, iron and steel manufacturing and more.\u201d\n<\/p>\n

\nB&W Thermal responds to and solves customers’ toughest boiler and environmental equipment challenges. Its highly skilled field service engineers, service specialists, and resident service engineers are strategically located in offices worldwide to provide technical assistance whenever the need arises.\n<\/p>\n

About B&W
\n
<\/i><\/b>Headquartered in Akron, Ohio, Babcock & Wilcox Enterprises, Inc., is a global leader in energy and environmental technologies and services for the power and industrial markets. Follow us on Twitter @BabcockWilcox and learn more at www.babcock.com<\/a><\/i>.\n<\/p>\n

About B&W Thermal
\n
<\/i><\/b>Babcock & Wilcox Thermal designs, manufactures and erects steam generation equipment, aftermarket parts, construction, maintenance and field services for plants in the power generation, oil & gas, and industrial sectors. B&W has an extensive global base of installed equipment for utilities and general industrial applications including refining, petrochemical, food processing, metals and more.<\/i><\/p>\n

Forward-Looking Statements
\n
<\/i><\/b>B&W cautions that this release contains forward-looking statements, including, without limitation, statements relating to the execution and completion of contracts for multiple service projects to provide services to utilities and industrial facilities. These forward-looking statements are based on management\u2019s current expectations and involve a number of risks and uncertainties. For a more complete discussion of these risk factors, see our filings with the Securities and Exchange Commission, including our most recent annual report on Form 10-K. If one or more of these risks or other risks materialize, actual results may vary materially from those expressed. We caution readers not to place undue reliance on these forward-looking statements, which speak only as of the date of this release, and we undertake no obligation to update or revise any forward-looking statement, except to the extent required by applicable law.<\/i><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201217006067\/en\/<\/a><\/span><\/p>\n

Investors:
\n<\/b>
Megan Wilson
\n
Vice President, Corporate Development & Investor Relations
\n
Babcock & Wilcox
\n
704.625.4944 | investors@babcock.com<\/a><\/p>\n

Media:
\n<\/b>
Ryan Cornell
\n
Public Relations
\n
Babcock & Wilcox
\n
330.860.1345 | rscornell@babcock.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Ohio<\/p>\n

INDUSTRY KEYWORDS:<\/b> Other Manufacturing Steel Engineering Utilities Chemicals\/Plastics Oil\/Gas Coal Manufacturing Energy Nuclear<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

B&W Thermal Announces $10 Million in Service Contracts AKRON, Ohio–(BUSINESS WIRE)– Babcock & Wilcox (B&W) (NYSE:BW) announced today that its B&W Thermal segment has booked new service projects valued at more than $10 million. These contracts, for utility and industrial facilities, are in addition to more than $30 million in construction services bookings recently announced by B&W. \u201cB&W Thermal\u2019s service capabilities are a cornerstone of our growing business,\u201d said Jimmy Morgan, B&W Chief Operating Officer. \u201cCustomers turn to B&W Thermal to ensure their energy and industrial plants continue to operate efficiently and reliably, or when they need service or upgrade work to improve performance.\u201d \u201cB&W Thermal is known for providing reliable service and exceptional engineering expertise,\u201d Morgan said. \u201cThe service … <\/p>\n

Continue reading “B&W Thermal Announces $10 Million in Service Contracts”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-402374","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nB&W Thermal Announces $10 Million in Service Contracts - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/bw-thermal-announces-10-million-in-service-contracts\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"B&W Thermal Announces $10 Million in Service Contracts - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"B&W Thermal Announces $10 Million in Service Contracts AKRON, Ohio–(BUSINESS WIRE)– Babcock & Wilcox (B&W) (NYSE:BW) announced today that its B&W Thermal segment has booked new service projects valued at more than $10 million. These contracts, for utility and industrial facilities, are in addition to more than $30 million in construction services bookings recently announced by B&W. \u201cB&W Thermal\u2019s service capabilities are a cornerstone of our growing business,\u201d said Jimmy Morgan, B&W Chief Operating Officer. \u201cCustomers turn to B&W Thermal to ensure their energy and industrial plants continue to operate efficiently and reliably, or when they need service or upgrade work to improve performance.\u201d \u201cB&W Thermal is known for providing reliable service and exceptional engineering expertise,\u201d Morgan said. \u201cThe service … Continue reading "B&W Thermal Announces $10 Million in Service Contracts"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/bw-thermal-announces-10-million-in-service-contracts\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-17T21:33:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20201217006067r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bw-thermal-announces-10-million-in-service-contracts\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bw-thermal-announces-10-million-in-service-contracts\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"B&W Thermal Announces $10 Million in Service Contracts\",\"datePublished\":\"2020-12-17T21:33:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bw-thermal-announces-10-million-in-service-contracts\\\/\"},\"wordCount\":519,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bw-thermal-announces-10-million-in-service-contracts\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20201217006067r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bw-thermal-announces-10-million-in-service-contracts\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bw-thermal-announces-10-million-in-service-contracts\\\/\",\"name\":\"B&W Thermal Announces $10 Million in Service Contracts - 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