BWXT Subsidiary Completes Strategic Acquisition of Laker Energy Products Inc.
BWX Technologies, Inc. announced today that its subsidiary BWXT Canada Ltd. (BWXT Canada) has acquired Laker Energy Products Inc. (Laker Energy Products).
- BWX Technologies, Inc. announced today that its subsidiary BWXT Canada Ltd. (BWXT Canada) has acquired Laker Energy Products Inc. (Laker Energy Products).
- Based in Oakville, Ontario, Laker Energy Products employs approximately 140 employees made up of talented engineers, skilled trades and administration personnel.
- Laker Energy Products will now operate as a wholly owned subsidiary of BWXT Canada.
- BWXT cautions that this release contains forward-looking statements, including, without limitation, statements relating to managements plans and expectations for the acquisition of Laker Energy Products; our ability to realize the anticipated benefits, future revenues and demand for Laker Energy Products business; and its continuing operations.