BWX Technologies Acquires Precision Components Group
BWX Technologies (NYSE:BWXT) has agreed to acquire Precision Components Group (PCG), a manufacturer of complex components, to expand its commercial nuclear production capacity. The acquisition adds 500,000 square feet of manufacturing space and 400 employees, with PCG generating $125 million in revenue last year. The deal is expected to strengthen BWX's position in the U.S. commercial nuclear market.
Tickers: $BWXT
Topics: acquisition BWXT manufacturing nuclear energy Precision Components Group