AN ERWIN COMPANY WILL SOON HAVE A NEW OWNER. AN AFFILIATE OF BABCOCK AND WILCOX COMPANY HAS ANNOUNCED THAT IT HAS ENTERED INTO A DEFINITEVE AGREEMENT TO ACQUIRE NUCLEAR FUEL SERVICES. ACCORDING TO A STATEMENT FROM B & W’S CHIEF EXECUTIVE OFFICER JOHN FEES, B & W AND NFS HAVE BEEN MAJOR CONTRIBUTORS IN BOTH THE GOVERNMENT AND COMMERCIAL NUCLEAR INDUSTRIES FOR THE PAST FIVE DECADES, AND THE ACQUISITION BETTER ALIGNS BOTH COMPANIES IN DELIVERING THE FUTURE APPLICATIONS OF NUCLEAR ENERGY. THE TRANSACTION IS CONTINGENT UPON OBTAINING REGULATORY APPROVALS. THE DEAL IS EXPECTED TO BE COMPLETED BY THE END OF THIS YEAR.