Thursday, June 4, 2020

BWXT Acquisition Aims To Boost Company’s Nuclear Inspections And Maintenance Business :: The Independent Global Nuclear News Agency

BWXT Acquisition Aims To Boost Company’s Nuclear Inspections And Maintenance Business :: The Independent Global Nuclear News Agency: French nuclear company Framatome has completed its acquisition of BWX Technologies Inc’s (BWXT) US commercial nuclear services business.



The company said the transaction expands its comprehensive portfolio of equipment and tooling for nuclear power plant inspections and maintenance.



The acquisition involves an exchange of facilities and resources. Framatome assumes ownership of equipment, tooling and contracts related to BWXT’s US commercial nuclear services business, while transferring to BWXT ownership of a portion of its Mt. Athos Road facility in Lynchburg, Virginia.

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