Bedford County in line for a new nuclear facility
- July 22, 2010
A multi-million grant from the Virginia Tobacco Commission will support the development of a new Babcock & Wilcox (B&W) facility at the Center for Advanced Engineering and Research in Bedford County. More details about the venture will be announced at a 2 p.m. news conference on Tuesday.
At that time officials from Babcock & Wilcox, along with Mary Rae Carter, Virginia’s deputy secretary of commerce and trade for rural economic development, and others will gather at the New London Business and Technology Center in Bedford.
Jud Simmons, a spokesman for B&W, declined to comment further on the company’s plans. B&W, a manufacturer of nuclear components, recently became a publicly traded company and moved its headquarters from Lynchburg to Charlotte, N.C. However, B&W still employs more than 2,000 people in the Lynchburg area where it leases a building.
Last week it announced an alliance with Bechtel Power Corp. to commercialize B&W’s small nuclear power plants. The alliance will develop a 125-megawatt modular reactor.