20 September 2013

B&W Subsidiary Completes Construction of New Manufacturing Facility in China

Charlotte, N.C. – 20 September 2013 - The Babcock & Wilcox Company (B&W) announced today the completion of a new boiler auxiliary equipment manufacturing facility for Diamond Power International, Inc. (DPII), a subsidiary of Babcock & Wilcox Power Generation Group, Inc. (B&W PGG), in Jingshan, Hubei Province, China.

DPII established Diamond Power Machine (Hubei) Co., Inc. (DPMH) in 1987 as one of the first joint venture companies in China. DPMH, a wholly owned foreign enterprise, will own and operate the facility. DPMH is recognized as an industry leading boiler auxiliary equipment manufacturer to China's utility, pulp and paper and industrial markets, as well as key export markets.

"I'm excited about DPII's growth in China," said Mike Parker, General Manager Asia-Pacific Operations, DPII. "This new facility will allow us to better serve our customers here, as well as our growing international export markets in Asia and around the world. We would like to thank the Chinese government for the financial support and consideration that made this project possible."

B&W PGG President and Chief Operating Officer J. Randall Data said, "We're happy to continue our long-term presence in China and to be able to enhance our ability to serve all of our markets with reliable, high-quality products. This new facility is another example of how we're actively reducing costs, improving competitiveness and working to exceed our customers' expectations in China and worldwide."

DPMH's new Hubei manufacturing operation consolidates two properties with numerous buildings into a single facility in a nearby industrial park. The new, state-of-the-art facility will incorporate new management techniques to improve operating efficiencies, while meeting international quality standards.

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 12,000 people, in addition to approximately 10,400 joint venture employees. 

Diamond Power International, Inc. is a market leader in all aspects of boiler cleaning and ash handling. DPII is headquartered in Lancaster, Ohio, with more than 80 field sales, service support, distribution and manufacturing locations throughout the world. 

Source: B&W