Charlotte, N.C., January 12, 2012 — The Babcock & Wilcox Co. is realigning its commercial nuclear business in response to changing market conditions, growth opportunities and the continuing progress of its small modular reactor business. Babcock & Wilcox Nuclear Energy , Inc. will comprise all non-SMR commercial nuclear operations, including global nuclear services, commercial nuclear equipment manufacturing and all related global sales initiatives. Michael D. Lees is named president of the organization. Lees will also continue to serve as president.
