Babcock & Wilcox Cuts Jobs, Plays Role in Projects Worth $7.4 Billion, an Industrial Info News Alert
SUGAR LAND, Texas, Nov. 10, 2017 /PRNewswire/ -- Researched by Industrial Info Resources (Sugar Land, Texas)--Power technology provider Babcock & Wilcox Enterprises Incorporated (B&W) (Charlotte, North Carolina) plans to cut 450 jobs, about 9% of its global workforce, following steep losses attributed to its renewables division, which is focused on waste-to-energy projects. Industrial Info is tracking $7.4 billion in active projects involving B&W, almost all of which are nearing or under construction.
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