1. Interesting press release. It’s interesting that the new HQ for BWXT is Lynchburg, but the PR Manager gave out a Charlotte phone number. Have to be a real geek to notice that! 🙂

    1. So what? My wife lives in Virginia, but has a California phone number for her work. It’s a cell phone.

      Phone number consistency can be more important, particularly when it comes to business, than locality. B&W has been headquartered in Charlotte for a while. Why would it be surprising that people who used to work for B&W would still have a Charlotte number during the transition?

  2. Higher costs?

    Sometimes you get what you pay for. Not having a low-tech boilermaker run your high-tech nuclear business can result in substantial savings that are not at all obvious in a six-paragraph news piece.

    1. OK … I see one MBA, I see two MBAs. What was your point again?

      Do you really think that one person’s bachelor’s degree from many years ago is going to make the difference between the success and the failure of a company? Is that how shallow your thinking is?!

    2. Mr. “Galt” – Er … Excuse me, I’m the one who’s trolling?!

      Mr. Pot, I’d like to introduce you to Mr. Kettle. You might find him a little reflectively challenged.

  3. A “Pure Play Nuclear Company” may not be a good thing. Am I the only one concerned that, without additional revenue streams/product lines, BWXT might not be able to, in the short term, generate enough revenue to re-invest in bringing mPower to market. When it was part of a larger company, at least theoretically (although it sounds like the investors/CEO wouldn’t let it do this, so as not to reduce the near term profitability of the combined business) the B&W company could have re-invested profits from other markets to help it get through the tough startup period of bringing mPower to market.

    1. BWXT’s main product line was — and still will be — providing services (particularly nuclear fuel) for the military. No need to worry there.

      As far as the larger company goes, Babcock and Wilcox was in bankruptcy because of all of the lawsuits concerning asbestos exposure from the boilers that they had manufactured. The larger company was an albatross for the nuclear-focused business line for many years.

  4. Considering that nuclear power plants are high pressure boilers, the splitting of the boilermaker business from the nuclear business means that BWXT no longer has the depth it would need to be a supplier of commercial nuclear technologies. Sure, nuclear power is special and unique, but nuclear reactors are boilers. The split was not useful.

    1. It is fairly simple for the new company to contract with the old one for boiler designs. A debt free company with a built in cash flow business and a leading design sounds like a good bet to me.

    2. @michael scarangella

      BWXT includes the group in Cambridge that makes the pressure vessels and steam generators for nuclear plants.

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