Bruce Power issued the following announcement on Feb. 20.

BWX Technologies, Inc. (NYSE:BWXT) announced today that its subsidiary BWXT Canada Ltd. (BWXT Canada) has been awarded contracts valued at approximately CA$30 million from Bruce Power to design and supply 13 critical heat exchangers as part of Bruce Power’s asset management program.

These heat exchangers will serve various functions, including maintaining safe reactor temperatures during reactor shutdown conditions and removing decay-heat from the spent fuel storage bays. They are being designed and manufactured in BWXT’s Cambridge, Ontario facility.

BWXT specializes in the design and manufacture of critical nuclear heat exchangers and has supplied over 150 heat exchangers to nuclear utilities worldwide, including several previously for Bruce Power. Work related to these contracts will commence immediately with deliveries occurring between 2018 and 2020.

“These heat exchangers will help to safely extend the life of Bruce Power’s reactors so that they can continue to provide low-cost, clean and reliable power for Ontarians for many years in the future,” said John MacQuarrie, President, BWXT Canada.

“Our partnership with BWXT Canada is vital to our Life Extension Program, which started January 2016, and is Canada’s largest infrastructure project,” said Mike Rencheck, President and CEO, Bruce Power. “Leveraging BWXT’s proven expertise in heat exchanger work will ensure our Life Extension Program continues to be a success and remains on-time and on-budget supporting Bruce Power’s commitment to continue delivering clean, reliable and low-cost nuclear power for families and business for decades to come.”

“This contract is excellent news for BWXT Canada and for the City of Cambridge,” said Member of Parliament for Cambridge, Bryan May. “BWXT Canada produces some of the most critical precision components for nuclear power plants all over the world. The talent right here in Waterloo Region means that Bruce Power can count on a superior product.”

“BWXT Canada is a vital part of Cambridge’s advanced manufacturing sector and gives Ontario a huge advantage in the field of nuclear power,” said Member of Provincial Parliament for Cambridge, the Honourable Kathryn McGarry. “This new contract with Bruce Power demonstrates the value being created in our community by moving forward with Ontario's Long-Term Energy Plan, including good jobs in the skilled trades and a clean, reliable electricity supply.”

Original source can be found here.