Point Pleasant, West Virginia — According to state and local development sources, Babcock & Wilcox plans to invest $125 Million to build out new space in Point Pleasant. The company is creating 28 new jobs at this facility. The company plans to occupy the new space in Point Pleasant, on or about October 1, 2025. According to the company website Babcock & Wilcox, based in Akron, Ohio, USA is a global leader in energy and environmental technologies and services for power, renewable and industrial markets. Transforming our world – for more than 150 years. The year 2017 marked the 150th anniversary of Babcock & Wilcox, the company that began in 1867 with one patent, two friends and an unwavering commitment to reliable and effective innovation. When Stephen Wilcox first avowed that “there must be a better way” to safely generate power, he and George Babcock responded with the design for the first inherently safe water-tube boiler, and the company was born. This challenge to continuously improve endures today. We are a company built and sustained by employees with curious minds and persevering wills. We work hard to earn the trust of our customers and deliver value with the highest level of ethics and integrity. The generations of employees who continue the legacy — who realize they are part of something Big & Wonderful — are the reason we celebrate this incredible sesquicentennial milestone. We have grown across industries and continents. We have diversified in the tools we use and the technologies we supply. One thing that has not and will never change is our commitment to engineering a better way. This is how we are Transforming Our World.

To learn more about Babcock & Wilcox, visit http://www.babcock.com/

Company Contact:
Lee Hawkins, Chairman
lhawkins@babcock.com
330-753-4511

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