Westinghouse buys PaR Nuclear
Westinghouse Electric Company has announced that it has completed the purchase of its fuel handling equipment and outage critical cranes subsidiary, PaR Nuclear. <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />.
Westinghouse Electric Company has announced that it has completed the purchase of its fuel handling equipment and outage critical cranes subsidiary, PaR Nuclear.
Westinghouse previously had an 81 per cent interest PaR Nuclear and now has 100 per cent ownership.
Westinghouse said in a statement that the purchase would allow it to field operations and engineering expertise in a number of areas. Those areas include modifications and upgrades of fuel handling equipment and outage, critical cranes, integrated products and inspection and refuelling services.
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