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Toshiba takes over Westinghouse Electric
Pittsburgh Post-Gazette ^ | 10-17-2006 | Patricia Sabatini

Posted on 10/17/2006 3:15:07 PM PDT by RS_Rider

Ownership of Westinghouse Electric Co. was transferred from British to Japanese hands yesterday as Toshiba Corp. completed the purchase of the Monroeville-based nuclear power plant company from British Nuclear Fuels PLC for $5.4 billion. An official announcement of the deal was expected this morning. Top officials of Toshiba, who are expected to be in town Friday to speak to Westinghouse employees, have said they intend to keep the company headquartered in Monroeville and retain current management and staff, which number about 3,000 locally and 9,000 worldwide.

(Excerpt) Read more at post-gazette.com ...


TOPICS: Business/Economy; Front Page News; Government; US: Pennsylvania
KEYWORDS: energy; industry; japan; nuclear
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I don't post often but I didn't see this article and would like to hear some feedback. I have been working at the Westinghouse energy center lately and know some freepers are interested in this.
1 posted on 10/17/2006 3:15:08 PM PDT by RS_Rider
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To: RS_Rider

Toshiba switchgear???


2 posted on 10/17/2006 3:21:21 PM PDT by Perdogg (Democratic Party - The political wing of Al Qaida)
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To: Perdogg

Toshiba Electric, as in "Sorry Sylvania" in the old TV ads.


3 posted on 10/17/2006 3:24:30 PM PDT by RS_Rider
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To: RS_Rider
I have been working at the Westinghouse energy center...

To commemorate this very special occasion, we will be having a ceremony at our Energy Center Headquarters on Friday, October 20. Energy Center Complex employees will be invited to attend...

Lucky you!

4 posted on 10/17/2006 3:25:31 PM PDT by Max in Utah (WWBFD? "What Would Ben Franklin Do?")
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To: RS_Rider

Was Westinghouse Electric always a British company? I thought it to be American.


5 posted on 10/17/2006 3:25:47 PM PDT by moonman (`)
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To: moonman

Didn't Westinghouse invent the airbrake?


6 posted on 10/17/2006 3:29:35 PM PDT by Zuben Elgenubi
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To: moonman
Was Westinghouse Electric always a British company?

No, British Nuclear Fuel Ltd. bought Westinghouse a few years ago from Viacom.

"You can be sure..."

7 posted on 10/17/2006 3:29:57 PM PDT by Max in Utah (WWBFD? "What Would Ben Franklin Do?")
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To: Max in Utah

Unfortunately, I caught the axe last week. As it turns out Westinghous hired too many new people and China has not signed a pending contract for 4 new reactors yet. I'm a scumbag contractor so I was told to go somewhere else and work. Missed the big ceremony. There's a big portrait of George Wetinghouse at the entry way, cant imagine what he might have thought of his empire being sold to the Japanese.


8 posted on 10/17/2006 3:31:17 PM PDT by RS_Rider
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To: RS_Rider
Sorry about the axe thing. We'll get rolling pretty soon though, I think.

If Old George was coupled up to a generator I bet he'd be spinning fast enough to generate a kilowatt or two.

9 posted on 10/17/2006 3:35:47 PM PDT by Max in Utah (WWBFD? "What Would Ben Franklin Do?")
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To: moonman

Of what used to be 154 business units, the nuclear division is the only one to still carry the Westinghouse name. It's just a name, the empire is dead and burried.


10 posted on 10/17/2006 3:38:33 PM PDT by RS_Rider
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To: RS_Rider
It's just a name, the empire is dead and burried.

A lot of folks I knew blamed Michael Jordan for that..

11 posted on 10/17/2006 3:40:37 PM PDT by Michael Barnes (May Satan grip the souls of those with American blood on their hands)
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To: RS_Rider

Not the same Toshiba that sold machine tool sets for making submarine propellors?


12 posted on 10/17/2006 3:41:41 PM PDT by Fred Hayek (Liberalism is a mental disorder)
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To: Max in Utah

My opinion is that if they go through with the China deal, China will be providing the world with the latest in nuclear technology. They don't play nice!


13 posted on 10/17/2006 3:41:55 PM PDT by RS_Rider
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To: Michael Barnes

I'll bet the shareholders wished the basketball guy was running the show.


14 posted on 10/17/2006 3:42:54 PM PDT by RS_Rider
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To: Max in Utah

Mass firing?


15 posted on 10/17/2006 3:49:47 PM PDT by My2Cents ("Chuck Schumer has all the charm of a mob accountant." -- Mark Steyn)
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To: Fred Hayek

Yup.


16 posted on 10/17/2006 3:50:23 PM PDT by 1rudeboy
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To: My2Cents
Mass firing?

Golly, I hope not!

17 posted on 10/17/2006 3:55:01 PM PDT by Max in Utah (WWBFD? "What Would Ben Franklin Do?")
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To: RS_Rider

No doubt...I enjoyed working there when I did, too bad the company was wholesale dismantled.


18 posted on 10/17/2006 3:55:24 PM PDT by Michael Barnes (May Satan grip the souls of those with American blood on their hands)
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To: Max in Utah

no mass firing, thinning of expendables


19 posted on 10/17/2006 3:57:01 PM PDT by RS_Rider
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To: RS_Rider

Wrong Jordan-- we had "Chainsaw Jordan", who sold off the most profitable divisions, like Thermoking.


20 posted on 10/17/2006 3:58:02 PM PDT by Max in Utah (WWBFD? "What Would Ben Franklin Do?")
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To: RS_Rider
This is a very interesting development to me.  I think they wouldn't have done this if they didn't think the US would start building more nuclear power plants relatively shortly.  And Toshiba has some very interesting "micro-nuke" reactor technology that is already deployed in a demonstration project in Alaska.

The thing I always remember about Westinghouse is that it was built up in large part on Nikola Tesla's inventions and the fact that he simply signed away his ongoing payments from the patents when George Westinghouse fell on hard times early on.  There's a book that I've always wanted to get, but just never gotten around to it, Empires of Light: Edison, Tesla, Westinghouse, and the Race to Electrify the World.  Tesla is apparently a central character in the new movie The Prestige, being played by David Bowie, of all people.  If it lives up to what I've heard about the character from the book that this was made from it could launch a new interest in Tesla.  Everything I know about it says the conflict and interaction among those three men, and others (including Mark Twain, for example) says that it would make a great movie or mini-series.

21 posted on 10/17/2006 3:59:10 PM PDT by Phsstpok (Often wrong, but never in doubt)
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To: Phsstpok

When you walk down the hall at the energy center, there is a big LCD display that has an image of a map of the USA. It is an animation and graphics of new plants start popping up, mostly in the south east reigon, depicting proposed plants. Hopefully Toshiba knows how to manage projects, from what I experienced, if they approach the new plants as they did the upgrades to the existing plants the competition will crush them. It is only 1979 at the energy center.


22 posted on 10/17/2006 4:12:14 PM PDT by RS_Rider
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To: RS_Rider

Maybe Westinghouse spinning in his grave could be an alternative form of energy!


23 posted on 10/17/2006 4:19:24 PM PDT by Republicus2001
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To: RS_Rider

We don't need China :

GE has provided advanced and sophisticated technology for nuclear energy for over five decades. Four main product lines support this capability: new reactors, nuclear fuel, reactor services and performance services.


24 posted on 10/17/2006 4:30:00 PM PDT by Renegade
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To: moonman

George Westinghouse was American. I grew up in Horseheads, NY
near a Westinghouse plant which made picture tubes for a lot of U.S. television brands. They also made specialized tubes for military satellites. Toshiba took over probably 20 years ago. The satellite tubes became Image Sensing and Technology. With the switch to flat panel displays Toshiba has now vacated. I think Eaton Industries occupies the building now.


25 posted on 10/17/2006 4:40:49 PM PDT by printhead
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To: Fred Hayek

I believe that was Hitachi.


26 posted on 10/17/2006 4:41:21 PM PDT by printhead
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To: RS_Rider
It's amazing what happened to Westinghouse. There was a time when it produced appliances, radios and TVs as well as commercial products.
27 posted on 10/17/2006 4:42:09 PM PDT by BW2221
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To: Owl_Eagle; brityank; Physicist; WhyisaTexasgirlinPA; GOPJ; abner; baseballmom; Mo1; Ciexyz; ...

ping


28 posted on 10/17/2006 4:42:41 PM PDT by Tribune7
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To: Renegade

with 10 - 12 proposed units stateside, Westinghouse doesn't need China either. Hopefully they will cater to the domestic need instead of handing their technology to the enemy... we'll see.


29 posted on 10/17/2006 4:42:43 PM PDT by RS_Rider
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To: BW2221
Unfortunately I live in a graveyard of industrial giants. The payrolls that used to support Pittsburgh are almost all gone, just the empty manufacturing sites and the crumbling mansions of the powerful men that built them. I only got a glimpse of it as a child and have watched it disappear ever since.
30 posted on 10/17/2006 4:51:00 PM PDT by RS_Rider
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To: Phsstpok
And Toshiba has some very interesting "micro-nuke" reactor technology that is already deployed in a demonstration project in Alaska.

If you would carefully read the article you linked to, you would see that the NRC has yet to approve the mini reactor in Alaska.

It will generate power for 30 years before refueling and should be installed before 2010 providing an approval by the Nuclear Regulatory Commission.
31 posted on 10/17/2006 5:03:37 PM PDT by sefarkas (Why vote Democrat Lite?)
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To: sefarkas
My bad.

they have the tech, however, which is the interesting part. I knew about the project, did a quick google and linked to the first article I found. I wasn't aware that it had yet to be deployed or even approved. Still, the point of my post is that they have interesting next gen technology and I interpret the acquisition of Westinghouse as positioning them for better access to the US market (think Dubai Ports).
32 posted on 10/17/2006 5:06:35 PM PDT by Phsstpok (Often wrong, but never in doubt)
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To: printhead; Fred Hayek


http://www.japanlaw.info/lawletter/april87/fdf.htm

On May 27 1987 the Japanese police arrested two senior executives of Toshiba Machine, who had been in charge of designing and exporting machine tools to the Soviet Union, for selling four nine-axis in 1982-1984 and 4 five-axis milling machines in 1984 to the Soviets, in violation of COCOM provisions. The executives admitted the charges.


33 posted on 10/17/2006 5:54:30 PM PDT by brityank (The more I learn about the Constitution, the more I realise this Government is UNconstitutional.)
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To: Phsstpok

Tesla, an eccentric and often penniless immigrant from eastern europe, deserves credit for teaching the world how to use alternating electrical current/induction--the basis for ac transformers and the ensuing wide distribution of electricity from a single source. Thomas Edison's nemesis.


34 posted on 10/17/2006 6:19:21 PM PDT by zebra 2
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To: zebra 2

Tesla invented the world we live in today.


35 posted on 10/17/2006 6:22:20 PM PDT by Phsstpok (Often wrong, but never in doubt)
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To: printhead
I believe that was Hitachi.

Nope. Toshiba sold the sophsticated CNC's to the Soviets. I'll never buy a Toshiba product in my life.
36 posted on 10/17/2006 6:25:07 PM PDT by Quaid
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To: RS_Rider
Unfortunately I live in a graveyard of industrial giants. The payrolls that used to support Pittsburgh are almost all gone, just the empty manufacturing sites and the crumbling mansions of the powerful men that built them. I only got a glimpse of it as a child and have watched it disappear ever since.

Yeah, me too, I live here in Pittsburgh and I'm turned 40 this year. I do remember all or most of the industry here at one time. Westinghouse had their labs here in the Pittsburgh area, and IIRC, back in the 1950's, they were working on things like electroluminescent panels. I remember the row of the old Westinghouse logo in Pittsburgh's Northside where the computer controlled the lighting of the logos and bits and pieces of them would light up randomly. My father was an industrial photographer and he went to Westinghouse a lot, even been to their atomic labs. One time, he told me that he accidently knocked a canister open, had he got the contents on him (very radioactive), I might have not been born. I also remember J&L, US Steel, Blawnox, Eazor Express (my aunt worked for them), Mesta Machine, Babcock and Wilcox and others.
37 posted on 10/17/2006 6:34:52 PM PDT by Nowhere Man (All Glory to the Hypnotoad!)
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To: RS_Rider
Unfortunately I live in a graveyard of industrial giants. The payrolls that used to support Pittsburgh are almost all gone, just the empty manufacturing sites and the crumbling mansions of the powerful men that built them. I only got a glimpse of it as a child and have watched it disappear ever since.

Yeah, me too, I live here in Pittsburgh and I'm turned 40 this year. I do remember all or most of the industry here at one time. Westinghouse had their labs here in the Pittsburgh area, and IIRC, back in the 1950's, they were working on things like electroluminescent panels. I remember the row of the old Westinghouse logo in Pittsburgh's Northside where the computer controlled the lighting of the logos and bits and pieces of them would light up randomly. My father was an industrial photographer and he went to Westinghouse a lot, even been to their atomic labs. One time, he told me that he accidently knocked a canister open, had he got the contents on him (very radioactive), I might have not been born. I also remember J&L, US Steel, Blawnox, Eazor Express (my aunt worked for them), Mesta Machine, Babcock and Wilcox and others.
38 posted on 10/17/2006 6:35:37 PM PDT by Nowhere Man (All Glory to the Hypnotoad!)
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To: Phsstpok
Everything I know about it says the conflict and interaction among those three men, and others (including Mark Twain, for example) says that it would make a great movie or mini-series.

Tesla and Edison especially did not get along. Tesla considered Edison a "tinkerer", whereas Tesla was a univeristy educated Electrical Engineer. That, and he thought Edison's idea of DC power distribution to be wrong. Thankfully, Tesla and AC won out.

39 posted on 10/17/2006 6:37:28 PM PDT by AFreeBird (If American "cowboy diplomacy" did not exist, it would be necessary to invent it.)
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To: printhead

Nope, it was Toshiba.


40 posted on 10/17/2006 6:38:58 PM PDT by AFreeBird (If American "cowboy diplomacy" did not exist, it would be necessary to invent it.)
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To: Nowhere Man; All

Sorry for the double post, machine running slow.


41 posted on 10/17/2006 6:40:09 PM PDT by Nowhere Man (All Glory to the Hypnotoad!)
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To: AFreeBird
Tesla and Edison especially did not get along. Tesla considered Edison a "tinkerer", whereas Tesla was a univeristy educated Electrical Engineer. That, and he thought Edison's idea of DC power distribution to be wrong. Thankfully, Tesla and AC won out.

Yep. Of course, you know the story of why the electric chair is based on AC (think Edison propaganda)? And the one about Twain visiting Tesla and finding out about what affects experiencing high frequency electricity safely has on the GI tract (it was a bad thing that he always wore a white suit)?

Think of the mini-series!

Did you ever see the brief TV series that Richard Dean Anderson did after MacGyver?  It was called Legend and he was a writer who created a bogus hero, supposedly based on himself.  He tied up with an obvious Tesla character (during his sojourn in the wilderness working on wireless transmission of electricity) played by John de lancie (Q from Star Trek: TNG).  It was great casting and, for those who knew who Tesla was, absolutely a treat.  Lasted about 6 episodes.

42 posted on 10/17/2006 6:49:35 PM PDT by Phsstpok (Often wrong, but never in doubt)
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To: Nowhere Man

Hey, we're just about the same vintage, I got a couple on you. I'm a mechanical designer and have had the opportunity to work in and visit some of the industrial sites around the area. It gives me the chills to walk through these places. They're going to tear down the atom smasher at the Chalfant Westinghouse facility someday soon and I'm going to hate to see that landmark go away.


43 posted on 10/17/2006 6:52:44 PM PDT by RS_Rider
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To: Tribune7

Most important question, yet to be answered: how will this affect jobs in the Pittsburgh area?


44 posted on 10/17/2006 7:44:37 PM PDT by Ciexyz (Satisfied owner of a 2007 Toyota Corolla. (110 miles on a quarter tank of gas is great mileage.))
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To: Ciexyz

Yup


45 posted on 10/17/2006 7:46:36 PM PDT by Tribune7
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To: RS_Rider

You Can Be Sure If It's Westinghouse that the Japanese think this is a good deal.


46 posted on 10/17/2006 7:49:37 PM PDT by Doctor Stochastic (Vegetabilisch = chaotisch ist der Charakter der Modernen. - Friedrich Schlegel)
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To: Tribune7

I remember the days when the CEO of Westinghouse was known as a Penn State grad who liked to hire other Penn State grads. Those were the company's heydays.


47 posted on 10/17/2006 7:52:25 PM PDT by Ciexyz (Satisfied owner of a 2007 Toyota Corolla. (110 miles on a quarter tank of gas is great mileage.))
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To: Ciexyz; RS_Rider

Short term, its the status quo (with the Energy Center being 'moved' to the Waltz Mill site in Westmoreland County--or so the rumor mill says). Long term; if new plants are sold (primarily in the southern states--but NC being the most talked about) then there would be an exodus southward. But again just rumor (hubby works there too!)


48 posted on 10/17/2006 7:54:31 PM PDT by PennsylvaniaMom (Just because you're paranoid doesn't mean they aren't out to get you...)
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To: RS_Rider

Rumor heard recently is westinghouse to open facility/office in charlotte, nc.

Nice opportunity to diversify for a duke or areva employee here...


49 posted on 10/17/2006 7:56:43 PM PDT by steveyp
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To: PennsylvaniaMom

Here's hoping your husband's job is preserved.


50 posted on 10/17/2006 7:57:54 PM PDT by Ciexyz (Satisfied owner of a 2007 Toyota Corolla. (110 miles on a quarter tank of gas is great mileage.))
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