Babcock & Wilcox Moving World Headquarters, Local Operations to East End
Beacon Journal / by Jim Mackinnon
B&W is taking its talents to Akron. Babcock & Wilcox Enterprises will relocate hundreds of employees from Barberton and Copley to Akron — and also move its headquarters from Charlotte, N.C., to here. B&W’s new corporate offices will be in the East End Offices, Goodyear Tire & Rubber Co.’s former headquarters on East Market Street. The move is expected to take place no later than next summer. B&W notified employees of the move Monday.
This means Akron — and Ohio — becomes the new home to a publicly traded company while the area retains approximately 700 jobs. The announcement comes shortly after longtime Akron company Myers Industries Inc. said it plans in the near future to move to Cleveland, taking about 120 jobs out of the Rubber City.