Babcock & Wilcox (BW) North American Parts and Services Business Sees Growing Demand with Contracts Totaling More Than $23 Million in April

Babcock & Wilcox (B&W) (NYSE: BW) announced today it has booked more than $23 million in orders for parts and services for utility and industrial customers in North America in the month of April, as overall demand for these services has returned to pre-pandemic levels.

Significant orders include environmental aftermarket parts and services for electrostatic precipitators and other equipment, pulp and paper upgrades and services, pulverizer mill parts, B&W’s Diamond Power ash-handling and boiler cleaning product lines and more.

“Overall parts and services demand in North America is returning to pre-pandemic levels and beyond,” said B&W Executive Vice President and Chief Operating Officer Jimmy Morgan. “We had a very strong level of demand in the first quarter of 2022 and that has continued in April. This is the highest level of activity we’ve seen in North American parts and services since 2019, and we expect it to continue in the coming months.”

“Our pulverizer mill parts orders have been particularly strong for our utility customers due to the high utilization of the U.S. power fleet, and due to B&W’s continued commitment to those customers,” Morgan added. “In addition, our Diamond Power product lines are off to their strongest start since 2013. We’re excited about continuing to provide market-leading quality, service, and availability to our customers and knowing that B&W is the technology of choice for so many North American utilities, as well as industrial customers.”

B&W offers a wide range of expert services for power and industry, including, aftermarket services and parts, inspections, tuning, feasibility studies and engineering support, equipment installation, removal, modifications and repairs, construction and field service support and more.

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