Babcock & Wilcox Named One of America’s Most Trustworthy Companies by Newsweek

AKRON, Ohio--(BUSINESS WIRE)--Babcock & Wilcox (B&W) (NYSE: BW) has been named one of America’s Most Trustworthy Companies by Newsweek.

“For more than 155 years, Babcock & Wilcox has been known as a global leader in advanced technology, world-class engineering and for the reliability of our products and services,” said B&W Chairman and Chief Executive Officer, Kenny Young. “B&W is trusted and relied upon by customers in a broad range of industries – including utilities, clean energy providers, manufacturers and other industrial companies – and we are extremely proud of our reputation and the trust placed in us by our customers.”

“Our company and our employees have cultivated that reputation through the innovation of cutting-edge technologies for power generation, renewable energy, environmental controls, carbon capture and other applications, as well as with our commitment to safety, integrity and ethics in everything we do,” Young said. “It’s an honor to have earned a spot alongside a number of our top U.S. customers on Newsweek’s list of highly respected and trusted companies, and we’re excited about continuing to serve these customers with advanced solutions to meet the energy generation, environmental and decarbonization needs of their businesses.”

Newsweek’s 2022 list of America’s Most Trustworthy Companies is based on surveys of 50,000 U.S. residents and their opinions of publicly traded U.S. corporations with $500 million or more in annual revenues. According to Newsweek and its survey partner Statista, survey participants were asked for their opinions about whether “individual companies treated their customers fairly, treated their employees fairly and would be good long-term investments.” Companies were then ranked based on survey results.

About Babcock & Wilcox

Headquartered in Akron, Ohio, Babcock & Wilcox Enterprises, Inc. is a leader in energy and environmental products and services for power and industrial markets worldwide. Follow us on LinkedIn and learn more at babcock.com.