BWXT Announces Expansion of Cambridge Manufacturing Plant to Support Global Nuclear Power Market - Seite 3

The Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, said, “Canada’s world-class manufacturing sector is supporting our global partners to build up net-zero technologies – including nuclear power plants. Workers at BWXT’s Cambridge plant are powering our economy and helping us to win the fight against climate change by building key components of the global energy transition. Congratulations to BWXT on this announced expansion that will create hundreds of good jobs in Ontario.”

BWXT can trace its history back 180 years in Canada, underpinning its global leadership in the design, manufacture, and service of commercial nuclear components for more than five decades. As a result of its investments in people and facilities, BWXT has become a trusted partner to its customers in the delivery of safe, clean and reliable electricity for communities and businesses.

Forward Looking Statements

BWX Technologies, Inc. (“BWXT”) cautions that this release contains forward-looking statements, including statements relating to expectations for the timing and impact of the expansion of the Cambridge manufacturing plant. These forward-looking statements involve a number of risks and uncertainties, including, among other things, modification or termination of existing contracts, funding of current and future work and delays in the expansion of the Cambridge manufacturing plant. If one or more of these or other risks materialize, actual results may vary materially from those expressed. For a more complete discussion of these and other risk factors, please see BWXT’s annual report on Form 10-K for the year ended December 31, 2023. BWXT cautions not to place undue reliance on these forward-looking statements, which speak only as of the date of this release, and undertakes no obligation to update or revise any forward-looking statement, except to the extent required by applicable law.

About BWXT

At BWX Technologies, Inc. (NYSE: BWXT), we are People Strong, Innovation Driven. Headquartered in Lynchburg, Virginia, BWXT is a Defense News Top 100 manufacturing and engineering innovator that provides safe and effective nuclear solutions for global security, clean energy, environmental restoration, nuclear medicine and space exploration. With approximately 7,800 employees, BWXT has 14 major operating sites in the U.S., Canada and the U.K. In addition, BWXT joint ventures provide management and operations at a dozen U.S. Department of Energy and NASA facilities. For more information, visit www.bwxt.com. Follow us on LinkedIn, X, Facebook and Instagram.