B&W Awarded Component Supply and Construction Contract by Irving Pulp & Paper in New Brunswick

(July 10, 2014 - SAINT JOHN, NB.) – Babcock & Wilcox Canada Ltd. (B&W Canada) announced today that it has received an order from Irving Pulp & Paper, Limited to design, fabricate and field erect a pulp discharge tank at the West Side pulp mill site in Saint John, New Brunswick.

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The award is expected to generate approximately 35 jobs for the duration of the project, made up of carpenters, labourers, boilermakers and construction supervisors. This contract is also expected to benefit several local subcontractors who will be supporting the contract.

The stainless steel tank, which will be used to store wood pulp, will be 45 feet in diameter, 100 feet tall and constructed of large modules which will be assembled on site combined with traditional tank construction methods. The modules are designed to reduce site construction time and accelerate the work to be executed in the field. The Pulp Discharge Tank Project is a component of the recently announced Continuous Cooking Plant Project.

“We’re proud of our 30+ year service history with Irving Pulp & Paper and look forward to a successful outcome for the project,” said Mike Hidas, General Manager of Thermal Power.

Shop fabrication commenced in June with field construction commencing in September and completing in December 2014.

About B&W
Headquartered in Charlotte, N.C., The Babcock & Wilcox Company is a leader in clean energy technology and services, primarily for the nuclear, fossil and renewable power markets, as well as a premier advanced technology and mission critical defense contractor. B&W has locations worldwide and employs approximately 11,600 people, in addition to joint venture employees located at projects around the country. Learn more at www.babcock.com.

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Media Contact:
Natalie Cutler
Media Relations
Babcock & Wilcox Canada Ltd.
519.620.5288
nacutler@babcock.com

Investor Contact:
Jenny Apker
Vice President, Treasurer and Investor Relations
The Babcock & Wilcox Company
704.625.4937
investors@babcock.com