Babcock & Wilcox Intech Inc. has announced that it is moving its full-time workforce to a new facility in the city of Chattanooga and doubling its employee numbers, according to The Times Free Press. The new facility will cost $4.85 million and some 50 jobs will be added.
The company is going to consolidate its three locations in Chattanooga and expand its operations in the new building on the Centre South Riverport site.
Company spokesperson Aimie Mills said that the plans are for the company to be in the new building by January. It will be home to 100 full-time employees and 75 part-time employees. Mills said that the company operates in the nuclear steam generator repair market. The company designs robotic tools and fabrication.
“Increasing our footprint in Chattanooga will allow us to expand our capabilities, explore new technologies and better serve the commercial nuclear services market,” Mills said.
Mills also noted that the company will lease the new location.
The Chattanooga Area Chamber of Commerce Vice President of Economic Development, Charles Wood, said that the company’s growth strengthens the region’s position in the energy sector. The average wage for the new jobs was not provided, but it is believed to be more than the annual mean wage of Hamilton County, which is $40,130.
The operations manager for Babcock & Wilcox Intech, Allen Steagall, said that the new location will triple the company’s footprint in the city.
“This expansion increases our capacity for solving customer challenges through new and innovative approaches while shortening the length of the inspection and repair process at operating nuclear plants,” he said.
Steagall noted that Chattanooga is close to many of the company’s customers and he said the company also liked the proximity to the Riverwalk and the Tennessee River.
The vice president for marketing at the Chamber of Commerce, J.Ed. Marston, said that the property is being bought from Hamilton County. He also said that the company will not receive property tax breaks or any incentives for expanding.
The company was founded in Chattanooga in 1995 and acquired by Babcock & Wilcox in 2008.
The economic and community development commissioner for the state, Bill Hagerty, said that Tennessee has a tradition of excellence in the energy technology sector.
“When a company chooses to expand in Tennessee, it underscores the importance of having a strong, capable workforce in place,” he said in a statement.
The project has been lauded by Hamilton County Mayor Jim Coppinger and Chattanooga Mayor Andy Berke.
“This is a great example of how the public sector can work with the private sector to support the creation of new family-wage jobs,” Coppinger said.
Looking to work for Babcock & Wilcox Co.? Click here for available jobs!Babcock & Wilcox Expanding with New Facility and New Jobs in Chattanooga by Jim Vassallo