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BWXT unveils $80M investment Construction for the BWXT Cambridge Expansion Project is
and 200 new jobs expected to begin in the third quarter of 2024, adjacent to the
existing plant, with no interruption to ongoing operations at
the current facility. The project is estimated to be completed
BWX Technologies, Inc. (NYSE: BWXT) announced in by the middle of 2026.
early spring an investment to expand its Cambridge
manufacturing plant. Additionally, BWXT’s Projects and Field Services business
Already one of the largest nuclear commercial manufacturing will relocate to a stand-alone 150,000-square-foot facility
in Kitchener. The facility in Kitchener will be a state-of -the-
facilities in North America, the site’s increased footprint will art centre for training, dynamic learning and technology
enable greater capacity to support ongoing and anticipated development supporting the growth of the company’s nuclear
customers’ investments in Small Modular Reactors, traditional business.
large-scale nuclear and advanced reactors, in Canada and
around the world. BWXT is currently supporting nuclear plant life extension
The expansion, estimated to cost $50 million CAD, will increase projects at OPG and Bruce Power. In 2023, BWXT was awarded
the engineering contract for the BWRX-300 reactor pressure
the facility’s footprint 25% to 280,000 square feet. Additionally, vessel for the OPG Darlington New Nuclear Project. As well,
over the next few years, BWXT will invest approximately $30 BWXT was awarded an engineering contract from TerraPower
million in advanced manufacturing equipment for the facility for the Natrium™ Demonstration Project underway in
that has designed and manufactured hundreds of large nuclear Kemmerer, Wyoming.
components. This total estimated $80 million investment will
increase capacity significantly, improve productivity and create As a result of its investments in people and facilities, BWXT
more than 200 long-term jobs for skilled workers, engineers, has become a trusted partner to its customers in the delivery
and support staff in the area. of safe, clean and reliable electricity for communities and
John MacQuarrie, president of Commercial Operations, BWXT, businesses.
stated, “Our expansion comes at a time when we’re supporting City council greenlights strategic
our customers in the successful execution of some of the
largest clean nuclear energy projects in the world. At the same plan
time, the global nuclear industry is increasingly being called
upon to mitigate the impacts of climate change and increase The Cambridge City Council has approved the 2024-2026
energy security and independence. By investing significantly Strategic Plan – Cambridge Connected, setting a plan in
in our Cambridge manufacturing facility, BWXT is further motion to implement priorities that reflect Cambridge’s
positioning our business to serve our customers to produce most pressing needs and biggest opportunities over the
more safe, clean and reliable electricity in Canada and abroad.” next three years.

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