The Babcock & Wilcox Company was founded by Stephen Wilcox and George Babcock in 1867 to produce and market Wilcox’s patented water tube boiler.
The company was innovative and manufactured the world’s first utility boiler in 1881, first pulverized coal power plant in 1918, components for the world’s first nuclear-powered submarine in 1955, and the first supercritical pressure coal-fired boiler in 1957.
Today Babcock & Wilcox designs, manufactures, and services power generation systems for the fossil, nuclear, and renewable energy markets. The United States government is the company’s largest client, accounting for one-third of total revenue.
Babcock & Wilcox is traded publicly on the New York Stock Exchange under the ticker symbol BWC, is #690 in the Fortune 1000, has 11,000 employees, and had $2.89 billion in revenue in 2013.
The Babcock & Wilcox Company
The Babcock & Wilcox Company was founded by Stephen Wilcox and George Babcock in 1867 to produce and market Wilcox’s patented water tube boiler.
The company was innovative and manufactured the world’s first utility boiler in 1881, first pulverized coal power plant in 1918, components for the world’s first nuclear-powered submarine in 1955, and the first supercritical pressure coal-fired boiler in 1957.
Today Babcock & Wilcox designs, manufactures, and services power generation systems for the fossil, nuclear, and renewable energy markets. The United States government is the company’s largest client, accounting for one-third of total revenue.
History
Babcock & Wilcox is traded publicly on the New York Stock Exchange under the ticker symbol BWC, is #690 in the Fortune 1000, has 11,000 employees, and had $2.89 billion in revenue in 2013.