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MORRISON KNUDSEN: TEAM TO PROVIDE SERVICES TO NUCLEAR POWER INDUSTRY

MORRISON KNUDSEN: TEAM TO PROVIDE SERVICES TO NUCLEAR POWER INDUSTRY
 BOISE, Idaho, Jan. 29 /PRNewswire/ -- Morrison Knudsen Corp. (MK) (NYSE: MRN) announced today it has signed a contract with B&W Nuclear Service Co. (BWNS) and Duke Engineering & Services Inc. (DE&S), creating a team that will provide steam generator replacement services to the U.S. commercial nuclear power industry.
 Many of the 100-plus pressurized water reactor nuclear power units operating today in the United States will require steam generator replacement services between 1993 through the year 2000.
 "Steam generator replacement will be a billion-dollar market over the next decade," said William J. Agee, MK chairman and chief executive officer. "The combined expertise of our team positions us well to provide those services. This type of sophisticated, critically demanding work is an area where we excel with a pool of very highly skilled technical and operations specialists."
 Chairman Agee added that the team builds on MK's strengths developed through decommissioning and decontamination programs and expands its range of services to the nuclear-specialty market. "The synergy among the team members and our collective know-how give us strategic advantage in the nuclear modification market," he said.
 Under terms of the agreement, MK's primary contributions will be in general installation, construction engineering, planning/scheduling and field engineering. MK has successfully performed steam generator replacements at Point Beach (Wisconsin) and Donald C. Cook (Michigan) nuclear power plants.
 BWNS will supply measurements, specialty cutting and welding equipment, stress analysis and inspection services. DE&S will provide engineering analysis, licensing support, safety evaluation, and waste packaging and disposal services.
 BWNS and DE&S are currently working together to provide electric utilities with complete integrated outage services that include steam generator inspection and nuclear power plant refueling services.
 Morrison Knudsen Corp. is an international company serving the environmental, industrial processing, power and transportation markets with complete development, design/engineering, construction, operating and financial services.
 -0- 1/29/92
 /CONTACT: Jess Hawley of Morrison Knudsen, 208-386-5000/
 (MRN) CO: Morrison Knudsen Corp.; B&W Nuclear Service Co.; Duke Engineering
 & Services Inc. ST: Idaho IN: OIL SU: CON


SC -- SE004 -- 4672 01/29/92 11:05 EST
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Publication:PR Newswire
Date:Jan 29, 1992
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