PITTSBURGH, July 28, 2016 – Westinghouse interim president and CEO José Emeterio Gutiérrez issued the following statement in response to comments made by Chicago Bridge & Iron Company N.V. (CB&I) on July 27, 2016. The statement references the ongoing legal proceeding between the two parties.
PITTSBURGH, July 24, 2016 – In October, 2015, Westinghouse entered into a Purchase Agreement with Chicago Bridge & Iron Company N.V. (CB&I) for the acquisition of CB&I Stone & Webster Inc., CB&I’s nuclear construction and integrated services businesses by Westinghouse. On July 21, 2016, CB&I initiated a legal proceeding against Westinghouse in Delaware Chancery Court with respect to the post-closing reconciliation process.
Fifteen high school graduates were recognized recently during the 2016 Westinghouse Family Scholarship breakfast. A total of $72,000 was awarded to eligible, dependent children of Westinghouse employees.
SPRINGFIELDS, U.K., July 14, 2016 - Westinghouse Springfields site located in Preston has been awarded the prestigious Order of Distinction Award from the Royal Society for the Prevention of Accidents (RoSPA). This is the 16th consecutive year that the company’s enhanced safety culture and safety improvements have been recognised by RoSPA.
PITTSBURGH, July 12, 2016 – The U.S. Department of Energy (DOE) has selected Westinghouse Electric Company and its research partners to receive $8 million in research awards over the next three years to fund a series of projects. The awards support Westinghouse research in a number of areas including the area of self-powered wireless sensors and laser-based 3D printing.