Latest Westinghouse Electric Company Stories
PITTSBURGH, April 3, 2012 /PRNewswire/ -- The Westinghouse Electric Company Board of Directors today announced that it had accepted the resignation of Jim Ferland, previously announced as incoming president and chief executive officer (CEO), and that Chairman of the Board Shigenori Shiga would assume the role of president and CEO on an interim basis, effective immediately. Mr. Shiga, a seasoned nuclear professional with more than 30 years of experience, was appointed as the...
PITTSBURGH, March 30, 2012 /PRNewswire/ -- The following statement is attributable to the President and CEO of Westinghouse Electric Company, Dr. Aris Candris: "Today, as I end my professional career and tenure as president and CEO of Westinghouse Electric Company, I applaud the U.S. Nuclear Regulatory Commission's decision to grant South Carolina Electric & Gas (SCE&G) a combined construction and operating license (COL). I join with Westinghouse employees around the world...
PITTSBURGH, March 29, 2012 /PRNewswire/ -- Westinghouse and NPD UK are disappointed in the decision made by E.ON and RWE not to proceed with plans for new nuclear energy stations in the United Kingdom. Significant work over the last few years with their 50-50 joint venture - Horizon Nuclear Power - has made it very clear to Westinghouse that new nuclear plants are hugely important to the energy independence and economic vitality of the United Kingdom as a whole, and especially...
CAYCE, S.C., March 29, 2012 /PRNewswire/ -- SCANA subsidiary (NYSE: SCG) South Carolina Electric & Gas Company (SCE&G), Westinghouse Electric Company, and The Shaw Group Inc. have signed a preliminary agreement related to costs for construction of the company's new nuclear units. These challenged costs primarily relate to delays in receipt of the combined construction and operating license from the Nuclear Regulatory Commission, rock conditions at the site, design of...
PITTSBURGH, March 27, 2012 /PRNewswire/ -- Westinghouse Electric Company today announced the appointment of James (Jim) A. Noyes as vice president of Installation and Modification Services, Nuclear Services, effective April 1. Installation and Modification Services provides fully integrated project management of plant engineering, modification, repair, installation, and decommissioning and dismantling services to the worldwide nuclear power plant market. Most recently, Mr. Noyes...
PITTSBURGH, March 26, 2012 /PRNewswire/ -- Westinghouse Electric Company today announced that it is splitting its Nuclear Power Plants product line into two distinct organizations of Nuclear Power Plant Project Delivery and Nuclear Power Plant Business Development to further strengthen the company and better position it for future growth. In announcing the two organizations, Jim Ferland, who will assume his new role as Westinghouse president and CEO effective April 1, said:...
PITTSBURGH, March 23, 2012 /PRNewswire/ -- Westinghouse Electric Company today announced the appointments of Joe Zwetolitz to the position of president, Americas Region, and Jose Emeterio Gutierrez to the position of senior vice president of Nuclear Fuel. Mr. Zwetolitz, formerly vice president of the Americas Region, succeeds Jim Ferland, who assumes his new role as Westinghouse President and CEO effective April 1. As president of the Americas Region, Mr. Zwetolitz will be...
PITTSBURGH, March 22, 2012 /PRNewswire/ -- Westinghouse today affirmed that it will apply to the Department of Energy (DOE) in response to the final Funding Opportunity Announcement (FOA) for investment funds worth up to $452 million. The fund was authorized by Congress to facilitate the rapid development and deployment of small modular reactor (SMR) technologies. The DOE plans to consider SMR applications that incorporate passive safety features and that can be licensed...
PITTSBURGH, March 19, 2012 /PRNewswire/ -- Westinghouse Electric Company today announced that it has completed fabrication of all 157 fuel assemblies and related components needed to operate the first-ever AP1000® nuclear power plant, Sanmen Unit 1, in Zhejiang province, China. Completion of fabrication is a major milestone for Westinghouse and its Columbia Fuel Fabrication Facility in Columbia, South Carolina, where the fuel assemblies were completed and delivered to the...
PITTSBURGH, Feb. 14, 2012 /PRNewswire/ -- Westinghouse Electric Company has named Robert (Bob) D. Copp as project director for the Hematite Decommissioning Project (HDP), an initiative to clean up, decommission and complete license retirement in a safe and environmentally appropriate manner of the former Hematite fuel fabrication facility. The facility manufactured uranium fuel for the U.S. Government (including the U.S. Navy and the U.S. Department of Energy) and commercial electric...
