CB&I Announces Placement of CA05 Module

News provided by

Dec 12, 2014, 10:50 ET

THE WOODLANDS, Texas, Dec. 12, 2014 /PRNewswire/ -- CB&I (NYSE:CBI) today announced the placement of the CA05 structural module for the V.C. Summer Unit 2 nuclear island.

"This is one of many major milestones achieved at the V.C. Summer project this year," said Patrick K. Mullen, President of CB&I's Engineering, Construction and Maintenance operating group. "Placement of the CA05 module illustrates the continued progress we are making on the project and the teamwork between CB&I, Westinghouse, SCANA Corp. and Santee Cooper."

The 180,000-pound CA05 forms part of the chemical and volume control system tunnel as well as the passive core cooling system walls within the containment vessel. The steel plates of the CA05 will be filled with concrete and provide structural support for the containment building.

CB&I and Westinghouse are building two AP1000^® nuclear electric-generating units at the V.C. Summer Nuclear Station near Jenkinsville, South Carolina. These nuclear units are among the first built in the U.S. in 30 years.

About CB&I
CB&I (NYSE:CBI) is the most complete energy infrastructure focused company in the world and a major provider of government services. With 125 years of experience and the expertise of approximately 55,000 employees, CB&I provides reliable solutions while maintaining a relentless focus on safety and an uncompromising standard of quality. For more information, visit www.cbi.com.

Important Information For Investors And Shareholders

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements regarding CB&I and represents our expectations and beliefs concerning future events. These forward-looking statements are intended to be covered by the safe harbor for forward-looking statements provided by the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties. When considering any statements that are predictive in nature, depend upon or refer to future events or conditions, or use or contain words, terms, phrases or expressions such as "achieve," "forecast," "plan," "propose," "strategy," "envision," "hope," "will," "continue," "potential," "expect," "believe," "anticipate," "project," "estimate," "predict," "intend," "should," "could," "may," "might" or similar forward-looking statements, we refer you to the cautionary statements concerning risk factors and "Forward-Looking Statements" described under "Risk Factors" in Item 1A of our Annual Report filed on Form 10-K filed with the SEC for the year ended December 31, 2013, and any updates to those risk factors or "Forward-Looking Statements" included in our subsequent Quarterly Reports on Form 10-Q filed with the SEC, which cautionary statements are incorporated herein by reference.

Logo - http://photos.prnewswire.com/prnh/20130430/DA04155LOGO

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/cbi-announces-placement-of-ca05-module-300009071.html

SOURCE CB&I