Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Wednesday, May 16, 2012

Westinghouse unit forms nuclear joint venture with Chinese firm

Westinghouse unit forms nuclear joint venture with Chinese firm
Westinghouse Electric unit PaR Nuclear has struck a joint nuclear power venture with China's Taiyuan Heavy Machinery Group. PaR Nuclear, which supplies cranes and fuel-handling equipment, will own a majority stake in the partnership. The deal's financial terms weren't disclosed. American City Business Journals/Pittsburgh/Energy Inc. blog
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