Hayward Tyler Secures New Nuclear Contracts worth $6m

Hayward Tyler is pleased to announce that it has secured two new contracts worth over US $6m from US and South Korea customers.

The contracts are to provide critical pumps and spare parts to nuclear reactors in the US and South Korea for Essential Service Water pumps. The US contract is with one of the country’s leading nuclear operators and is a significant increase in size of contract for this particular customer, so represents an important breakthrough for the Company. Hayward Tyler has been an original equipment supplier of nuclear pumps and spare parts to the global nuclear industry, including Korea Hydro & Nuclear Power, for over 50 years.

These latest orders, for spare parts and pumps to upgrade and refurbish existing nuclear power plants, takes the total value of nuclear orders received this financial year to US $14m. Hayward Tyler Inc., located in Vermont USA, continues to support global nuclear operations with parts, units, and technical support through its team of nuclear professionals and the underlying nuclear quality program.

Mike Turmelle, Managing Director of the Engineered Pumps and Motor division, said: “Support to nuclear power station operators across the globe is a key part of the Hayward Tyler business. We are dedicated to supporting our international nuclear customers to drive down operating cost as well as increasing the reliability and safety of the systems that our pumps operate in. The nuclear industry must continue to deliver affordable, safe, low carbon energy as part of a balanced global energy solution. The whole team at Hayward Tyler are proud to be part of the nuclear supply chain and this order is testament to their dedication, professionalism and long-term commitment to the industry.”