Babcock & Wilcox Enterprises has won a contract worth more than $80 million to design and manufacture an advanced coal-powered boiler for a power plant in the Philippines. B&W CEO Jim Ferland has emphasized that this company is moving away from dependence on coal plants for manufacturing and service work. But he has also said that the business is not disappearing. And he has noted that the opportunities lie not in the traditional United States and European markets, but in developing countries, particularly…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal http://www.bizjournals.com/charlotte/blog/energy/2016/03/babcock-wilcox-wins-80mcoal-plant-contract-in-the.html
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