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BWXT subsidiary acquires global supplier to nuclear power utilities


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BWXT subsidiary acquires global supplier to nuclear power utilities

BWX Technologies Inc. subsidiary BWXT Canada Ltd. acquired Ontario-based company Laker Energy Products Inc., which is a global supplier of nuclear-grade materials and components for nuclear power utilities.

Laker Energy will now operate as a wholly-owned subsidiary of BWXT Canada, according to the Jan. 2 release. Financial terms of the deal were not disclosed.