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1970 Babcock
And Wilcox Company |
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Stock Code BWC01 |
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Certificate, dated 14th December 1970,
for 100 shares of common stock in this US engineering company. Printed
signatures of George G Zipf, President and W P Catterson Treasurer. Vignette of
men beside a disc on which are the initials of the company. Ornate red border. The
certificate is issued in the name of Barnett & Co. Certificate size is 20.5 cm
high x 30 cm wide.
About This Company |
Framed Certificate Price : £60.00
Certificate Only Price : £20.00 |
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About This Company
In 1856, 26-year old Stephen Wilcox
of Rhode Island, USA, patented a water tube boiler that increased heating
surfaces, allowed better water circulation, and, most noteworthy, was
inherently safe. Eleven years later, he and friend George Babcock
established a partnership -- Babcock, Wilcox and Company -- to manufacture
and market these water tube steam boilers. Their ingenuity cleared the way
for the modern era of large high-pressure and high-temperature steam power
plants and established a precedent for their colleagues and successors to be
inventive and customer-oriented.
The end of the Civil War ushered in a
new demand for steam power for transportation and manufacturing in the
United States. B&W's role as a leading supplier in the electrification and
industrialization of the nation was just beginning.
In 1881, the Babcock & Wilcox
partnership, prospering as a result of its superior product, incorporated as
The Babcock & Wilcox Company (B&W). That same year, the Brush Electric Light
Company of Philadelphia, the first central electrical generating station in
the United States, went into service, powered by four B&W boilers.
In 1902, New York City installed its
first subway and powered it with B&W boilers. In 1903, B&W equipped the Fisk
Street Station of the Commonwealth Edison Company of Chicago with 24
boilers. This was the first utility station to use steam turbines
exclusively for electric power generation.
To help customers meet increased
demand throughout the 1920s, B&W began to develop larger boilers, which in
turn led to water-cooled furnaces and the use of pulverized coal as a fuel.
B&W continued to make significant
contributions to the industrial and steam generation industries. In 1929,
the world's first commercial size recovery boiler using the magnesium
bisulfite process was installed in Quebec, Canada. Throughout the 1930s, B&W
introduced the integral furnace boiler, the Kraft recovery boiler, the
radiant boiler and the open-pass boiler.
In 1935, B&W sold and placed into
service the first "black liquor" recovery boiler in the USA which used a
by-product of the pulping process as fuel.
In the late 1940s, the demand for
industrial and heating boilers increased; however, field construction costs
were also rising. In response, B&W introduced the shop-assembled "package
boiler," which could be built in B&W shops, shipped to the customer, and
installed at the site.
In 1957, B&W achieved another
milestone with the introduction of the highly efficient coal-fired Universal
Pressure Boiler.
B&W has continued to keep pace with
the changing needs of its utility customers. The company's 1,300-megawatt,
pulverized coal-fired plant for the Tennessee Valley Authority (TVA) went on
line in 1973 and was then the world's largest electrical generating unit.
As demand for electricity grew rapidly
in newly-industrializing countries, B&W provided -- and continues to provide
-- a significant portion of new electrical generating capacity worldwide. To
service these new markets, B&W established International Operations in
China, India, Indonesia, Mexico, Turkey, and Egypt.
B&W has been involved in the field of
nuclear power for more than 40 years, providing nuclear heat exchangers,
nuclear plant services and more than 200 nuclear steam generators to
customers around the world.
In 1995, B&W opened the Clean Coal
Environmental Development Facility (CEDF), a state-of-the-art combustion and
emissions testing facility, in Alliance, Ohio, USA. The CEDF replicates the
key operating characteristics of steam generating systems used in modern
power plants.
Source: www.babcock.com
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