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Babcock & Wilcox Enterprises Inc. has completed its spin-off from its former parent company, and its stock will trade independently on the New York Stock Exchange.
Manufacturer of air pollution control systems and coating/drying equipment will join B&W PGG, which manufactures and services boilers and other power generation equipment.
Babcock & Wilcox Power Generation Group Inc., a subsidiary of Babcock & Wilcox Co., has signed a definitive agreement to acquire industrial processes solutions provider Megtec based on an enterprise value of $155 million, subject to adjustment for Megtec’s cash and indebtedness and certain other closing items.
Backward curved fan can be utilized for high-pressure forced and induced draft applications, including thermal oxidizers, scrubbers, drying kilns and pulp-and-paper machines.
Heat recovery is one example of an energy optimization program. Some of the benefits from optimizing energy include improved equipment performance and enhanced capacity.