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Westinghouse Electric Company LLC is an American nuclear power company formed in 1999 from the nuclear power division of the original Westinghouse Electric Corporation. [3] It offers nuclear products and services to utilities internationally, including nuclear fuel, service and maintenance, instrumentation, control and design of nuclear power ...
It was originally named "Westinghouse Electric & Manufacturing Company" and was renamed "Westinghouse Electric Corporation" in 1945. Through the early and mid-20th century, Westinghouse Electric was a powerhouse in heavy industry, electrical production and distribution, consumer electronics, home appliances and a wide variety of other products.
[13] [14] In 2018 the company also bought the automotive battery division from Johnson Controls, including the Varta brand for car batteries and the Heliar, LTH, Optima, Delkor and MAC brands. [15] [16] [17] In 2019, Brookfield Business Partners bought 45% of the company BrandSafway. BrandSafway was valued at $6.7 billion at the time of the ...
The company owns stakes in three tier 1 uranium mines, as well as a 49% interest in Westinghouse Electric Company, which provides mission-critical technologies and services that are used in the ...
Shares of uranium miner Cameco are down amid news of the company buying stake in Westinghouse Electric.
In October 2022, Brookfield Renewable Partners together with Cameco announced the acquisition of Westinghouse Electric Company, then owned by its sister company Brookfield Business Partners, in a US$7.9 billion deal including debt. Brookfield Renewable would own a 51% interest in the company as part of the deal.
On December 31, 2005, American mass media company Viacom split into two companies: the second CBS Corporation, its successor (the first being a short lived rename of Westinghouse Electric) which held the namesake flagship channel CBS, CBS News, CBS Sports, Showtime Networks, UPN (merged with The WB to form the CW, co-owned by Time Warner), Smithsonian Channel, Channel 10, PopTV, Simon and ...
Wesco Distribution was formed in 1922 as a subsidiary of the Westinghouse Electric Corporation, a company also based in Pittsburgh. It served as the Westinghouse subsidiary charged with selling and distributing company components in the electrical and industrial industries. Wesco maintained close ties to its parent.