Quantcast
Last updated on April 19, 2014 at 13:20 EDT

Latest Westinghouse Electric Company Stories

2012-05-17 10:21:43

HARRISBURG, Pa., May 17, 2012 /PRNewswire-USNewswire/ -- The Commonwealth Financing Authority (CFA) has approved a loan through the Building PA program to support the construction of a three-story office building in Cranberry Township, Butler County that is expected to create at least 300 jobs. "Today's loan approval will provide an important piece of the capital financing necessary to complete this strategic redevelopment project that will bring new jobs to the region," said...

2012-05-15 10:21:07

PITTSBURGH, May 15, 2012 /PRNewswire/ -- Westinghouse Electric Company's PaR Nuclear Inc., a global leader in the supply of fuel-handling equipment and nuclear cranes, has signed agreements to establish a joint venture with Taiyuan Heavy Machinery Group Co., (TYHM), manufacturer of cranes, forging equipment, excavators and other heavy machinery. The new company, to be called PaR-TZ Nuclear Company, Ltd., of which PaR Nuclear will hold a majority interest, will provide the assembly, testing...

2012-04-19 10:21:58

JEFFERSON CITY, Missouri, April 19, 2012 /PRNewswire/ -- Westinghouse Electric Company and Ameren Missouri have entered into an agreement to respond collaboratively to the United States Department of Energy (DOE) Funding Opportunity Announcement (FOA) for developing and licensing the Westinghouse Small Modular Reactor (SMR). Under the terms of the agreement, Ameren Missouri will become part of and co-chair a Westinghouse-led Utility Participation Group (UPG) made up of Missouri utilities,...

2012-04-19 10:21:48

ST. LOUIS, April 19, 2012 /PRNewswire/ -- Today, Ameren Missouri, a utility company of Ameren Corporation (NYSE: AEE), announced it has entered into an agreement with Westinghouse Electric Company, a proven, global leader in nuclear energy and small modular reactor technology development, to exclusively support Westinghouse's application for the Department of Energy's (DOE) Small Modular Reactors (SMR) investment funds of up to $452 million. The investment funding, announced by the DOE on...

2012-04-19 02:26:02

ST. LOUIS, April 19, 2012 /PRNewswire/ -- Recent press reports speculating that Ameren Missouri and Westinghouse Electric Company will be announcing a definitive plan to build a new nuclear reactor at Ameren Missouri's Callaway Energy Center site are inaccurate. Details surrounding a potential transformative economic development opportunity for the state of Missouri will be provided during a press conference (see advisory below) at 1:30 pm today. Ameren Missouri has been providing...

2012-04-17 10:20:57

PITTSBURGH, April 17, 2012 /PRNewswire/ -- Westinghouse has been awarded a contract to apply the Underwater Laser Beam Welding process (ULBW) at Progress Energy's Robinson Nuclear Plant in Hartsville, S.C. This will be the first application of the ULBW process, which has been applied previously in Japan, at a U.S. nuclear plant. Developed jointly by Westinghouse and majority owner Toshiba Corporation in a collaborative effort, the ULBW process applies stress corrosion,...

2012-04-03 10:21:36

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 Board's chairman...

2012-03-30 10:20:47

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 in...

2012-03-29 06:22:10

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 to...

2012-03-29 06:21:39

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 structural...