Wednesday, August 30, 2006

Westinghouse Snags $300 Million Contract in South Korea

From the Pittsburgh Business Times:

Westinghouse Electric Co. said it signed contracts worth more than $300 million to provide equipment and support for two nuclear power plants in South Korea.

The Westinghouse contracts are with Doosan Heavy Industries and Construction Co. Ltd., and the Korea Power Engineering Co. Inc.


The plants will be operated by the Korea Hydro & Nuclear Power Co., a subsidiary of Korea Electric Power Corp.

The contracts will provide work at a number of Westinghouse locations in the U.S., including: Windsor, Conn., Newington, N.H., and Monroeville.
In other Westinghouse-related news, the EU has extended its deadline for approving Toshiba's purchase of Westinghouse by two weeks.

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