(OAKVILLE, ON – March 16, 2021) – BWXT Canada Ltd. announced today that it has renamed its subsidiary Laker Energy Products Ltd. to BWXT Precision Manufacturing Inc.

BWXT Canada Ltd. acquired Laker Energy Products Ltd. in January of 2020. The Canadian company, founded in 1995, is a leading supplier of nuclear-grade materials and precisely machined components for nuclear power plants, many of which are required for life-extension of these plants in Ontario.

Based in Oakville, Ontario, BWXT Precision Manufacturing Inc. employs approximately 130 employees, including talented engineers, skilled trades and administrative personnel. The name change coincides with the completion of most integration activities, including alignment to BWXT business systems and safety and quality standards.

“This business is now working closely with BWXT’s other businesses to support our customers together,” said BWXT Canada Ltd. President John MacQuarrie. “I am very proud of our dedicated employees in Oakville who are safely manufacturing and suppling high-quality, specialized materials, parts and components that enable our customers to produce clean, reliable and affordable electricity.”

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About BWXT Canada Ltd.

BWXT Canada Ltd. has over 60 years of expertise and experience in the design, manufacturing, commissioning and service of nuclear power generation equipment. This includes steam generators, nuclear fuel and fuel components, critical plant components, parts and related plant services. BWXT Canada’s sister company, BWXT Medical Ltd. provides its customers, who conduct life-saving medical procedures for patients around the world, the benefit of decades of experience in the development, manufacturing, packaging and delivery of medical isotopes and radiopharmaceuticals. Headquartered in Cambridge, Ontario, BWXT in Canada has approximately 1,500 employees at locations in Cambridge, Dundas, Peterborough, Toronto, Arnprior, Pickering, Port Elgin, Owen Sound, Kanata and Oakville, Ontario and Vancouver, British Columbia. BWXT Canada Ltd. is a subsidiary of BWX Technologies, Inc. (NYSE: BWXT). Follow us on Twitter @BWXTech and learn more atwww.bwxt.com.

BWXT Media Contact 
Natalie Cutler
Director, Communications, BWXT Canada Ltd.
519-620-5288
nacutler@bwxt.com