Westinghouse Electric Company#Europe

{{For|further chronological details|Westinghouse Electric Corporation#Timeline of company evolution}}

Westinghouse Electric Company was formed in 1999, after the original company with that name, George Westinghouse's Westinghouse Electric, founded in 1886, ceased to exist due to a series of divestitures and mergers through the mid-to-late 1990s. These included Westinghouse Electric's purchase of CBS in 1995, expansion into communications and broadcasting, and the selling off of most non-broadcast operations by 1998, renaming itself CBS Corporation.

In 1998, the Westinghouse Power Generation Business unit was sold to Siemens of Germany. In 1999, CBS Corporation sold its nuclear business (Westinghouse Electric Company) to British Nuclear Fuels Limited (BNFL){{cite web |url=http://www.prnewswire.com/news-releases/sale-of-westinghouse-businesses-to-mkbnfl-complete-75437257.html |title=Sale of Westinghouse Businesses to MK/BNFL Complete |publisher=PR Newswire |date=22 March 1999 |access-date=17 January 2014}} and a year later CBS Corporation was merged into Viacom (1971–2005), putting an end to the original Westinghouse. Legally, Westinghouse Electric Corporation still exists, mainly for the purpose of licensing, as a subsidiary of CBS Corporation.

In July 2005, BNFL confirmed it planned to sell Westinghouse, then estimated to be worth $2 billion. This attracted interest from several companies, including Toshiba, General Electric and Mitsubishi Heavy Industries. When the Financial Times reported on January 23, 2006 that Toshiba had won the bid, it valued the company's offer at $5bn (£2.8bn).{{cite news |url=https://www.theguardian.com/business/2006/jan/24/nuclearindustry.environment |title=Toshiba to buy BNFL's Westinghouse |author=Terry Macalister and Mark Milner |newspaper=The Guardian |date=24 January 2006 |access-date=17 January 2014}} On February 6, 2006 Toshiba confirmed it was buying Westinghouse Electric Company for $5.4bn and announced it would sell a minority stake to investors.{{cite web|url=http://www.toshiba.co.jp/about/press/2006_02/pr0601.htm| title=Toshiba Acquires Westinghouse from BNFL|work=Press Release|publisher=Toshiba|date=6 February 2006|access-date= 2008-03-08}}

The sale surprised many industry experts who questioned the wisdom of BNFL selling one of the world's largest producers of nuclear reactors shortly before the market for nuclear power was expected to grow substantially; China, the United States and the United Kingdom were all expected to invest heavily in nuclear power.{{cite web|publisher=BBC News|date=January 23, 2006 |url=http://news.bbc.co.uk/1/hi/business/4638960.stm |title=BNFL to sell U.S. power plant arm|access-date=2006-02-06}} After the 2005 Indo-US nuclear deal, there was also hope that India's plan of massive investment in nuclear plants would help to revive the U.S. nuclear power industry.{{cite news|last1=Chellaney|first1=Brahma|title=US-India nuclear deal falls prey to Toshiba woes|url=http://asia.nikkei.com/Viewpoints/Brahma-Chellaney/US-India-nuclear-deal-falls-prey-to-Toshiba-woes|access-date=11 April 2017|work=Nikkei Asian Review|date=30 Mar 2017}}

Reasons in favor of a sale were: The commercial risk of the company's business in Asia may have been too high for a company then owned by taxpayers; if Westinghouse won the bid for any new nuclear stations in a UK competition, questions may be raised of favoritism, but if it lost, it might have been seen as a lack of faith in its own technology. Finally, the record of UK governments building nuclear plants had been a commercial disaster.{{cite news |pages=30–31 |url=http://www.economist.com/node/5444951 |title=Technology transfer – Selling Westinghouse is lucrative but controversial |newspaper=Economist |date=26 January 2006 |access-date=17 January 2014}}

On October 16, 2006 the acquisition of Westinghouse Electric Company for $5.4 billion was completed, with Toshiba obtaining a 77% share, partners The Shaw Group a 20% share and Ishikawajima-Harima Heavy Industries Co. Ltd. a 3% share.{{cite web |url=http://www.toshiba.co.jp/about/press/2006_10/pr1702.htm |date= October 17, 2006|publisher=Toshiba|title=Toshiba Completes Westinghouse Acquisition|access-date=2008-03-08}} On 13 August 2007 Toshiba sold 10% to Kazatomprom, the national uranium company for the Republic of Kazakhstan, for US$540 million, leaving Toshiba with 67%. Kazatomprom's ownership was entirely passive, with no voting or veto rights or presence on the board of directors.{{cite news | title = Kazatomprom buys 10% stake in Westinghouse | publisher = World Nuclear News | date = 2007-10-22 | url = http://www.world-nuclear-news.org/industry/Kazatomprom_completes_Westinghouse_stake_purchase-221007.shtml | archive-url = https://web.archive.org/web/20181215122437/http://www.world-nuclear-news.org/industry/Kazatomprom_completes_Westinghouse_stake_purchase-221007.shtml | url-status = dead | archive-date = 2018-12-15 | access-date = 2008-04-19 }}

In September, 2011, Toshiba was reported to be in talks to acquire the Shaw stake[http://www.marketwatch.com/story/toshiba-reportedly-to-buy-20-of-westinghouse-2011-09-05 "Toshiba reportedly to buy 20% of Westinghouse"], MarketWatch, Sept. 5, 2011, 6:53 pm EDT. Retrieved 2011-09-05. and both companies confirmed the story soon thereafter. Shaw CEO James Bernhard said{{when|date=April 2014}}, that Toshiba was paying US$1.6 Bn for the Shaw-owned 20% stake, and that it was the 50% rise in the yen on its yen-denominated debt over five years, which had led it to exercise its sale option. Toshiba said in late 2012 it was open to, and considering, having other partners invest in the business. The purchase closed in January 2013, and brought Toshiba's share in the company to 87% as a result of Shaw exercising its option.[http://gulfnews.com/business/technology/toshiba-confirms-it-will-buy-shaw-stake-in-westinghouse-1.862938 "Toshiba confirms it will buy Shaw stake in Westinghouse"], Bloomberg via gulfnews.com, September 8, 2011. Retrieved 2011-09-08.{{cite news|title=Toshiba buys Shaw Group's stake in Westinghouse|url=http://www.marketwatch.com/story/toshiba-buys-shaw-groups-stake-in-westinghouse-2013-01-06|access-date=2 March 2013|date=7 January 2013}}

After several years of doing business there, Westinghouse decided to move its world headquarters from the Energy Center in Monroeville, Pennsylvania, to Cranberry Woods in Cranberry Township, Butler County, Pennsylvania, as reported in a 2007 memo to its employees{{cite web|url=http://www.pittsburghlive.com/x/pittsburghtrib/news/cityregion/s_498721.html|title=Westinghouse memo to employees|publisher=Pittsburgh Tribune-Review|date=March 20, 2007|access-date=2008-04-04|url-status=dead|archive-url=https://web.archive.org/web/20071211080024/http://www.pittsburghlive.com/x/pittsburghtrib/news/cityregion/s_498721.html|archive-date=December 11, 2007}} that stated the main reason was the rapid expansion of the global nuclear industry. Construction began in July 2007 and the move lasted from June 2009 to December 2010.

The Repair, Replacement and Automation Services (RRAS) business segment moved to Cranberry Township earlier than other business segments to help alleviate space issues at the headquarters in Monroeville and was completed in spring of 2008. As part of this move, Westinghouse piloted the first commuter shuttle running an all-day loop between Monroeville and Cranberry Township. The shuttle ceased operation after Westinghouse formally closed, and sold their Monroeville facility in 2012.

In 2015, concerns were expressed that the value of assets and goodwill in Westinghouse were overstated. Following an accounting scandal in which profits were overstated at Toshiba, leading to the CEO resigning, Toshiba stated that the Westinghouse nuclear business was more profitable than at acquisition in 2006.{{cite news |url=https://www.reuters.com/article/us-toshiba-accounting-stocks-idINKCN0PV0B620150721/ |title=Toshiba CEO quits over accounting scandal |author=Ritsuko Ando |publisher=Reuters |date=21 July 2015 |access-date=5 December 2023}}{{cite news |url=https://www.reuters.com/article/toshiba-westinghouse-idUSL3N1013CQ20150721/ |title=Toshiba says Westinghouse has grown more profitable since acquisition |author=Ritsuko Ando and Taiga Uranaka |publisher=Reuters |date=21 July 2015 |access-date=5 December 2023}}

In December 2016, Toshiba said it expected to write down its investment in Westinghouse by US$2.5 billion,{{Cite book|title=Ethics in Information Technology|last=Reynolds|first=George|publisher=Cengage|year=2018|isbn=978-1-337-40587-4|location=Boston, MA|pages=38}} adding that it was possible that their investment in Westinghouse could ultimately have a negative worth, due to cost overruns at U.S. nuclear reactors it was building.{{cite news|last1=Mochizuki|first1=Takashi|title=Toshiba Expects Write-Down of as Much as Several Billion Dollars|url=https://www.wsj.com/articles/toshiba-expects-hefty-write-down-related-to-u-s-nuclear-unit-westinghouse-1482813231|website=Wall Street Journal|date=27 December 2016 |access-date=28 December 2016}}

In February 2017, Toshiba revealed unaudited details of a 390 billion yen ($3.4 billion) loss, mainly in its US nuclear business which was written down by 712 billion yen ($6.3 billion). On 14 February 2017, Toshiba delayed filing financial results, and Toshiba chairman Shigenori Shiga, formerly chairman of Westinghouse, resigned.{{cite news |url=http://uk.reuters.com/article/uk-toshiba-accounting-results-idUKKBN15T0AY |archive-url=https://web.archive.org/web/20170214100107/http://uk.reuters.com/article/uk-toshiba-accounting-results-idUKKBN15T0AY |url-status=dead |archive-date=February 14, 2017 |title=Delays, confusion as Toshiba reports $6.3 billion nuclear hit and slides to loss |author=Makiko Yamazaki, Taiga Uranaka |publisher=Reuters |date=14 February 2017 |access-date=14 February 2017}}{{cite news |url=https://www.bbc.co.uk/news/business-38965380 |title=Toshiba chairman quits over nuclear loss |work=BBC News |date=14 February 2017 |access-date=14 February 2017}}{{cite news |url=https://www.bbc.co.uk/news/business-38969273 |title=Toshiba: Why troubled Japanese firms survive |author=Karishma Vaswani |work=BBC News |date=14 February 2017 |access-date=14 February 2017}} Toshiba considered selling the Westinghouse nuclear business.{{cite web |url=https://www.bbc.co.uk/news/business-39263403 |title=Toshiba looking to sell Westinghouse nuclear business |publisher=BBC News |date=14 March 2017 |access-date=22 March 2017}}

{{See also|Nukegate scandal}}

On 29 March 2017, Toshiba's Westinghouse filed for Chapter 11 bankruptcy, citing a yearly loss for Toshiba that could exceed $9 billion, almost three times its previous estimate.{{cite news |url=http://www.neimagazine.com/news/newswestinghouse-files-for-bankruptcy-5773901 |title=Westinghouse files for bankruptcy |publisher=Nuclear Engineering International |date=29 March 2017 |access-date=4 April 2017}}{{cite news|url= https://www.reuters.com/article/us-toshiba-accounting-board-idUSKBN17006K |title= Toshiba's Westinghouse files for bankruptcy as charges jump |website= reuters.com |first1= Makiko |last1= Yamazaki |first2= Tim |last2= Kelly |date= 29 March 2017 |access-date=29 March 2017}}

The projects responsible for this loss were mostly the construction of four AP1000 reactors at Vogtle in Georgia and Virgil C. Summer Nuclear Generating Station in South Carolina.{{cite news |url=http://www.utilitydive.com/news/reports-nuclear-firm-westinghouse-electric-to-file-for-bankruptcy-next-wee/438880/ |title=Reports: Nuclear firm Westinghouse Electric to file for bankruptcy next week |author=Robert Walton |newspaper=Utility Dive.com |date=24 March 2017 |access-date=24 March 2017}}{{cite news |url=https://www.reuters.com/article/us-toshiba-accounting-idUSKBN16V04G |title=Toshiba decides on Westinghouse bankruptcy, sees $9 billion in charges: sources |first=Taro |last=Fuse |publisher=Reuters |date=24 March 2017 |access-date=25 March 2017}} The Wall Street Journal reported that the four nuclear reactors being built in the southeastern U.S. would be left to an unknown fate.{{cite news |last1=Gold |first1=Russell |last2=Negishi |first2=Mayumi |date=March 29, 2017 |title=Toshiba's Westinghouse Electric Files for Bankruptcy Protection |url=https://www.wsj.com/articles/toshibas-westinghouse-electric-files-for-bankruptcy-protection-1490771532?tesla=y | work=Wall Street Journal |location=New York City, New York, United States |access-date=March 30, 2017}}

In July, 2017, the co-owners of the V.C. Summer plant announced that the project was terminated.{{Cite news|last=Plumer|first=Brad|date=2017-08-01|title=U.S. Nuclear Comeback Stalls as Two Reactors Are Abandoned (Published 2017)|language=en-US|work=The New York Times|url=https://www.nytimes.com/2017/07/31/climate/nuclear-power-project-canceled-in-south-carolina.html|access-date=2020-12-27|issn=0362-4331}} On September 24, 2017, the Post & Courier reported that Westinghouse had hired unlicensed workers to create mechanical and electrical blueprints for the V.C. Summer expansion without having a professional engineer sign off on them which was in violation of state law.{{Cite web|last=Brown|first=Andrew|date=2017-09-24|title=Stamped for failure: Westinghouse and SCANA used unlicensed workers to design abandoned S.C. nuclear reactors|url=https://www.postandcourier.com/business/stamped-for-failure-westinghouse-and-scana-used-unlicensed-workers-to-design-abandoned-s-c-nuclear/article_3ea2046a-9d39-11e7-a186-cb396c86b8b9.html|access-date=2020-12-24|website=Post and Courier|language=en}} The blueprints were often faulty and led to significant delays.Id. The U.S. government had given $8.3 billion of loan guarantees on the financing of the four nuclear reactors being built in the U.S.

Besides the issues with the AP1000 design, the fuel manufacturing division has been profitable, but not enough to cover corporate overheads and support the other divisions. Research and development investment in fuel manufacturing has been low, which has impacted the quality and comparative performance of its fuel compared to competitors.{{cite news |url=https://www.forbes.com/sites/kenrapoza/2017/04/13/a-bankruptcy-that-wrecked-global-prospects-of-american-nuclear-energy/#55a6648017a1 |title=A Bankruptcy That Wrecked Global Prospects Of American Nuclear Energy |first=Kenneth |last=Rapoza |newspaper=Forbes |date=13 April 2017 |access-date=14 April 2017}}

On 6 April 2018, Toshiba announced the completion of the sale of Westinghouse's holding company to Brookfield Business Partners (a subsidiary of Canadian investment management company Brookfield Asset Management Inc.) and some partners for $4.6bn.{{cite news |url=http://www.world-nuclear-news.org/C-Toshiba-sells-Westinghouse-related-assets-in-USA-0604185.html |title=Toshiba sells Westinghouse-related assets in USA |publisher=World Nuclear News |date=6 April 2018 |access-date=12 April 2018}}

In October 2022, Brookfield Renewable Partners (another subsidiary of Brookfield Asset Management) and Cameco announced the acquisition of Westinghouse Electric from Brookfield Business Partners in a US$7.9{{nbsp}}billion deal including debt. Brookfield Renewable and its institutional partners will own a 51% interest in Westinghouse, while Cameco will own remaining 49% as part of the deal.{{cite web |last1=Deka |first1=Kannaki |last2=Kumar |first2=Arunima |date=11 October 2022 |title=Westinghouse to be sold in $7.9-bln deal as interest in nuclear power grows |url=https://www.reuters.com/markets/deals/cameco-corp-brookfield-renewable-partners-buy-westinghouse-79-bln-deal-2022-10-11/ |work=Reuters}}{{cite web |last=Hardison |first=Kathryn |date=11 October 2022 |title=Cameco, Brookfield Renewable Partners to Buy Westinghouse Electric for $7.88 Billion |url=https://www.wsj.com/articles/cameco-brookfield-renewable-partners-to-buy-westinghouse-electric-co-for-7-88-billion-11665524511 |work=The Wall Street Journal}}

The acquisition was completed in November 2023.{{cite web|date=7 November 2023 |title=Westinghouse Acquisition by Brookfield and Cameco Complete |url=https://info.westinghousenuclear.com/news/westinghouse-acquisition-by-brookfield-and-cameco-complete}}

• 1999: Westinghouse Electric Company officially began operations as British Nuclear Fuels Limited's nuclear power business.
• 2000: BNFL bought ABB's nuclear power business, and merged into Westinghouse.
• 2004: Westinghouse bids for two Chinese reactor sites; the US Export-Import bank approved $5 billion in loan guarantees{{cite web|title=Nuclear Power in China|url=http://www.world-nuclear.org/info/Country-Profiles/Countries-A-F/China--Nuclear-Power/|work=Information library|publisher=World Nuclear Association|access-date=15 April 2014|date=April 2014|archive-date=2 February 2016|archive-url=https://web.archive.org/web/20160202224123/http://www.world-nuclear.org/info/Country-Profiles/Countries-A-F/China--Nuclear-Power/|url-status=dead}}
• 2006: Westinghouse acquired PaR Nuclear/Ederer Nuclear Cranes, providing fuel and cask handling equipment systems. Westinghouse Electric Company was sold by BNFL to Toshiba,
• 2007: Westinghouse won China National Nuclear Corporation's bid for 4 AP1000 reactors including Technology Transfer agreement; acquired IST Nuclear of IST Holdings (South Africa); Carolina Energy Solutions (CES) and its affiliates Aggressive Equipment (AE), now WEC Machining; Construction Institute of America (CIA), now WEC Welding Institute; and Carolina United Services, now Carolina Union Services; Astare, a French nuclear engineering company headquartered near Paris.
• 2009: Westinghouse acquired Nuclear Fuel Industries, Japan's sole producer of nuclear fuel for boiling-water reactor and pressurized water reactors for $100 million{{cite web|title=Westinghouse to Acquire Nuclear Fuel Industries Ltd.|url=http://www.prnewswire.com/news-releases/westinghouse-to-acquire-nuclear-fuel-industries-ltd-62048297.html|work=Press Release|publisher=PR Newswire|access-date=15 April 2014|date=29 April 2009}} and CS Innovations, LLC, an Instrumentation and Control (I&C) nuclear product supplier to the digital I&C safety system upgrade market.
• 2010: Westinghouse announced involvement in a new, ultra-large forging press in the UK to be built at Sheffield Forgemasters in Yorkshire; took a major stake in Springfields Fuel Limited in the UK. Westinghouse moved world headquarters from Monroeville, Pennsylvania, to Cranberry Township, Pennsylvania.
• 2012: Westinghouse cut 200 jobs citing the Fukushima disaster, Germany's Energiewende and low natural gas prices.{{cite news|last=Gough|first=Paul|title=Westinghouse cuts 200 employees|url=http://www.bizjournals.com/pittsburgh/blog/energy/2012/05/westinghouse-cuts-200-employees.html|access-date=15 April 2014|newspaper=American City Business Journals.|date=May 18, 2012}}
• 2014: Westinghouse acquires Mangiarotti.{{cite news|last=Conti|first=David|title=Westinghouse buying Italian manufacturer Mangiarotti|url=https://archive.triblive.com/news/westinghouse-buying-italian-manufacturer-mangiarotti/|access-date=2 January 2020|date=2 July 2014}}
• 2015 Westinghouse acquires CB&I Stone & Webster;{{cite news|title=WESTINGHOUSE ACQUIRES CB&I STONE & WEBSTER, INC.|url=http://www.westinghousenuclear.com/about/news/view/westinghouse-acquires-cb-i-stone-webster-inc|access-date=2 January 2020|date=27 October 2015}} Toshiba profits overstated leading to accounting scandal.
• 2017: Westinghouse files Chapter 11 bankruptcy.
• 2018: Acquisition by Brookfield Business Partners and partners.
• 2019: Westinghouse acquires Canadian NA Engineering Associates.{{cite news|title=WESTINGHOUSE ACQUIRES CANADA'S NA ENGINEERING ASSOCIATES|url=http://www.westinghousenuclear.com/about/news/view/westinghouse-acquires-canada-s-na-engineering-associates|access-date=2 January 2020|date=22 July 2019}}
• 2020: Westinghouse acquires U.K. Inspection Consultants Limited (InCon){{cite news|title=WESTINGHOUSE TO ACQUIRE U.K. INSPECTION COMPANY INSPECTION CONSULTANTS LIMITED|url=http://www.westinghousenuclear.com/about/news/view/westinghouse-to-acquire-u-k-inspection-company-inspection-consultants-limited|access-date=1 January 2020|date=8 January 2020}} and Rolls-Royce’s nuclear services division.{{Cite web|url=https://canada.constructconnect.com/dcn/news/economic/2020/02/westinghouse-completes-acquisition-of-rolls-royces-nuclear-services-division|title=Westinghouse completes acquisition of Rolls-Royce's nuclear services division - constructconnect.com|date=2020-02-24|website=Daily Commercial News|language=en-US|access-date=2020-02-25}}
• 2021: Westinghouse acquires Canadian firm Laveer Engineering;{{cite news|title=Westinghouse Completes Acquisition of Laveer Engineering|url=https://info.westinghousenuclear.com/news/westinghouse-completes-acquisition-of-laveer-engineering|access-date=11 August 2021|date=1 June 2021}} Westinghouse acquires 50% of Tecnatom.{{cite web | url=https://info.westinghousenuclear.com/news/westinghouse-to-acquire-50-of-tecnatom | title=Westinghouse to Acquire 50% of Tecnatom }}
• 2022: Westinghouse acquires BHI Energy{{cite news|title=Westinghouse Creates Nuclear Industry's First Integrated Outage Services Business with Acquisition of BHI Energy|url=https://info.westinghousenuclear.com/news/westinghouse-completes-bhi-acquisition|access-date=31 May 2022|date=31 May 2022}}
• 2023: Acquisition by Brookfield Renewable Partners and Cameco. Westinghouse completes the 100% acquisition of Tecnatom.

• Charles W. Pryor Jr., 1997 - July 1, 2002.{{cn|date=April 2025}}
• Steve Tritch, July 1, 2002 - July 1, 2008 {{cite news|url=https://www.post-gazette.com/business/businessnews/2008/03/04/Steve-Tritch-WE-chief-announces-retirement/stories/200803040172|newspaper=Pittsburgh Post-Gazette|title=Steve Tritch, WE chief, announces retirement|date=March 4, 2008|access-date=May 17, 2019}}
• Aris Candris, July 1, 2008 - March 31, 2012 {{cite news|url=https://www.post-gazette.com/business/businessnews/2012/01/10/Westinghouse-chief-Candris-will-retire/stories/201201100132|newspaper=Pittsburgh Post-Gazette |title=Westinghouse chief Candris will retire |date=January 10, 2012|access-date=May 17, 2019}}
• Jim Ferland, April 1, 2012 - April 3, 2012 (2 days) {{cite news|url=https://www.post-gazette.com/business/businessnews/2012/04/04/Westinghouse-CEO-resigns-after-2-days/stories/201204040210|newspaper=Pittsburgh Post-Gazette |title=Westinghouse CEO resigns after 2 days |date=April 4, 2012|access-date=May 17, 2019}}
• Shigenori Shiga, April 3, 2012 - September 2012 (interim) {{cite news|url=https://www.post-gazette.com/business/businessnews/2012/09/26/Westinghouse-names-Roderick-CEO/stories/201209260183|newspaper=Pittsburgh Post-Gazette |title=Westinghouse names Roderick CEO |date=September 26, 2012|access-date=May 17, 2019}}
• Danny Roderick, September 2012 - June 2016 {{cite news|url=https://archive.triblive.com/business/local-stories/westinghouse-ceo-tapped-to-lead-toshibas-energy-subsidiary/|newspaper=Pittsburgh Post-Gazette |title=Westinghouse CEO tapped to lead Toshiba's energy subsidiary|date=May 12, 2016|access-date=May 17, 2019}}
• José Emeterio Gutiérrez, June 2016 - July 31, 2019 {{cite news|url=https://www.post-gazette.com/business/tech-news/2019/05/16/Westinghouse-Patrick-Fragman-new-CEO-Jose-Gutierrez-nuclear-bankruptcy-ABB-power/stories/201905160125| newspaper=Pittsburgh Post-Gazette |title=Cranberry-based Westinghouse Electric names new CEO|date=May 16, 2019|access-date=May 17, 2019}}
• Patrick Fragman, August 19, 2019 – March 31, 2025{{cn|date=April 2025}}
• Dan Sumner, April 1, 2025 - present (interim){{cn|date=April 2025}}

{{Further|Westinghouse Licensing Corporation}}

Although no longer associated with CBS Corporation (now Paramount Global), Westinghouse Electric Company LLC has for some years used the trademarks owned by Westinghouse Electric Corporation,[http://www.westinghousenuclear.com/Terms-of-Use "Terms of Use"], Westinghouse LLC/westinghousenuclear.com webpage. Footnote updated 2018-09-10. by then Viacom/CBS Corporation/ViacomCBS' brand management subsidiary, under license, as is the case with other Westinghouse licensees. In 2021, ViacomCBS sold the Westinghouse licensing operation (including trademarks) directly to the now-independent Westinghouse Electric Corporation.{{Cite web |title=Sale of Trademarks |url=https://ir.paramount.com/static-files/357c6440-f534-480a-b0ac-abb13963f070 |access-date=2023-08-24 |website=Paramount Global |page=93}}

A revived interest in the nuclear power generation field in the late 1980s {{when|date=April 2014}} led to Westinghouse's development of the AP600 reactor which received NRC approval{{when|date=October 2016}}. Interest in the Westinghouse design, but with larger power output led to the change of the project to the AP1000 in 1999 and shortly after became the first Generation III+ reactor to receive final design approval from the NRC in 2004.{{cite web|title =AP 1000 Public Safety and Licensing| publisher =Westinghouse|date=September 13, 2004| url =http://www.westinghousenuclear.com/AP1000/public_safety_licensing.shtm|format =web|access-date = 2008-01-21 |archive-url = https://web.archive.org/web/20070807115318/http://www.westinghousenuclear.com/AP1000/public_safety_licensing.shtm|archive-date = 2007-08-07}} As of 2014, four of these units are under construction in China, though the first was due to come on-line in November 2013.[https://online.wsj.com/article/PR-CO-20091217-906585.html?mod=wsjcrmain "First Concrete Pour For Sanmen Unit 2 Complete"], The Wall Street Journal, 2009-12-17. and has been delayed until December 2014.

The delay due to the constantly changing, and consequently untested, design prompted Li Yulun, former vice-president of China National Nuclear Corporation, in 2013 to raise concerns over the safety standards of the plant. Citing a lack of operating history, he questioned the manufacturer's assertion that the AP1000 reactor's "primary system canned motor pumps" were "maintenance-free" over 60 years, the assumed life of the reactor, and noted that Westinghouse had yet to receive approval from British authorities on an improved version of AP1000.{{cite news|url=http://www.scmp.com/business/china-business/article/1325973/china-nuclear-plant-delay-raises-safety-concern|title=China nuclear plant delay raises safety concern|author =Eric Ng|date=7 October 2013|newspaper=South China Morning Post}} As of 2019 all four AP1000 reactors in China are operating.

As of January 2009, six AP1000 plants had been ordered in the US, and several other customers had chosen the AP1000, if they were to build new nuclear plants, for a combined total of at least 14 new plants, announced by the NuStart Consortium, Duke Power, Progress Energy, Southern Nuclear and SCE&G. In May 2011 after the Fukushima Daiichi nuclear disaster, US government regulators found problems with the design of the shield building of the new reactors. Gregory Jaczko, chairman of the Nuclear Regulatory Commission since 2005 said that computations submitted by Westinghouse about the building's design appeared to be wrong and "had led to more questions." He said the company had not used a range of possible temperatures for calculating potential seismic stresses on the shield building in the event of an earthquake, for example. The NRC asked Westinghouse not only to fix its calculations, but also to explain why it submitted flawed information in the first place. Westinghouse countered that the "confirmatory items" that the commission was asking for were not "safety significant."[https://www.nytimes.com/2011/05/21/business/energy-environment/21nuke.html? “Regulators Find Design Flaws in New Reactors”] Matthew L. Wald, Washington DC, New York Times, 20 May 2011

In November 2011, the AP1000 Oversight Group published a report highlighting six areas of major concern and un-reviewed safety questions requiring immediate technical review by the NRC. The report concluded that certification of the AP1000 should be delayed until the original and current "unanswered safety questions" raised by the AP1000 Oversight Group are resolved.[http://www.ncwarn.org/wp-content/uploads/2011/11/Rept-Fukushima-AP1000-Fairewinds_11_10_11.pdf “Fukushima and the Westinghouse-Toshiba AP1000: A Report for The AP1000 Oversight Group”] {{Webarchive|url=https://web.archive.org/web/20180813081634/http://www.ncwarn.org/wp-content/uploads/2011/11/Rept-Fukushima-AP1000-Fairewinds_11_10_11.pdf |date=2018-08-13 }} Arnie Gundersen, November 10, 2011

In December 2011, the UK's Office for Nuclear Regulation published a design assessment report on the AP1000 reactor which highlighted 51 'Generic Design Assessment' issues remaining that must be addressed before the assessment would be completed.[http://www.onr.org.uk/new-reactors/reports/step-four/technical-assessment/ap1000-onr-gda-sr-11-002-rev-0.pdf "Office for Nuclear Regulation New nuclear reactors: Generic Design Assessment Westinghouse Electric Company LLC AP1000® nuclear reactor"] 14 December 2011

In October 2013, US energy secretary Ernest Moniz announced that China was to supply components to the US nuclear power plants under construction as part of a bilateral co-operation agreement between the two countries. Since China's State Nuclear Power Technology Co (SNPTC) acquired Westinghouses's AP1000 technology in 2006, it has developed a manufacturing supply chain capable of supplying international power projects.[http://www.ft.com/cms/s/e8a83158-4164-11e3-9073-00144feabdc0,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2Fe8a83158-4164-11e3-9073-00144feabdc0.html%3Fsiteedition%3Duk&siteedition=uk&_i_referer=#axzz2xmBykTUZ “China set to supply components to US nuclear power plants.”] Lucy Hornby (Beijing) and Ed Crooks (New York), Financial Times, 30 October 2013 Industry analysts have pointed out that there are gaps in the Chinese supply chain.[https://web.archive.org/web/20160307095935/http://uk.reuters.com/article/uk-nuclear-britain-china-analysis-idUKBRE9BG06D20131217 “Analysis – China needs Western help for nuclear export ambitions”] David Stanway (Beijing), Reuters, 17 December 2013

In 2024 Westinghouse received US federal funding for front-end engineering and experiment design (FEEED) of its eVinci microreactor. In 2025 its Preliminary Safety Design Report (PSDR) was approved by DOE, the first microreactor to do so. Testing was expected to begin in 2026. EVinci is a TRISO-fuelled, heat pipe-cooled 5 MWe microreactor. The reactor core is designed for eight or more full-power years before refuelling. It is factory-built and can be shipped in a container. The eVinci test reactor is a 3 MWt version designed to demonstrate key portions of the eVinci design. Testing will take place at Idaho National Laboratory.{{Cite web |title=Approval of Westinghouse test microreactor progresses |url=https://world-nuclear-news.org/articles/approval-of-westinghouse-test-microreactor-progresses |access-date=2025-06-06 |website=World Nuclear News |language=en}}

Westinghouse Electric Company fully owns several subsidiaries in Europe, such as the European Service Center, also called Westinghouse Electric Belgium located in Nivelles, Belgium, where equipment is prepared for projects throughout Europe. After Westinghouse's 1990 takeover of ABB Reaktor in Germany, it transferred radiological storage activities located in Ladenburg, Germany, to consolidate in Nivelles, which had to be extended.{{citation needed|date=April 2014}} Soon afterwards {{when|date=April 2014}} another expansion was necessary as employees in the Brussels office were transferred to Nivelles. It was estimated that 200 people were working in Nivelles at the end of 2011.{{who|date=September 2012}}{{citation needed|date=September 2012}}

In 2001, Westinghouse took over Logitest in Les Ulis, France, one of 3 companies qualified to inspect nuclear steam generator plants for Électricité de France.{{cite web|title=Westinghouse Expands Nuclear Services Capability in France; Announces Acquisition, Divestiture to Focus Solely on Nuclear Market|url=http://westinghousenuclear.mediaroom.com/index.php?s=43&item=73|publisher=Westing house|access-date=15 April 2014|format=Press Release|date=17 December 2001|archive-url=https://web.archive.org/web/20140416192052/http://westinghousenuclear.mediaroom.com/index.php?s=43&item=73|archive-date=16 April 2014|url-status=dead|df=dmy-all}} After the French nuclear market partially opened in 2004 to suppliers from outside the country to fulfill European Commission directives regarding international competition, Westinghouse started to expand its business in France with a

Westinghouse team located in Metz in charge of repair, replacement and automation services. By 2005, Westinghouse had 160 employees in France and two-thirds of Westinghouse's business in France was fuel supply.{{cite web |title=A Global Reach A Local Perspective |url=http://www.westinghousenuclear.com/docs/news_room/worldview_august2005.pdf |work=Worldview 2005 |publisher=Westinghouse |access-date=15 April 2014 |page=5 |date=2005-09-01 |archive-url=https://web.archive.org/web/20120516094810/http://westinghousenuclear.com/docs/news_room/worldview_august2005.pdf |archive-date=16 May 2012 |url-status=dead |df=dmy-all }} Westinghouse Electrique France is located in Orsay and Manosque near Marseille (engineering development). As of 2014, about 400 employees are part of Westinghouse in France.

Westinghouse owns a nuclear fuel fabrication plant at Västerås, Sweden which has provided nuclear fuel for Russian VVER-1000 nuclear reactors. In 2000 Westinghouse started development of fuel for customers in Finland and Hungary, supported by cheap Export–Import Bank of the United States loans, but the business remained small-scale in competition from cheaper Russian suppliers.{{cite news |url=https://www.bloomberg.com/view/articles/2017-03-30/u-s-nuclear-setback-is-a-boon-to-russia-china |title=U.S. Nuclear Setback Is a Boon to Russia, China |first=Leonid |last=Bershidsky |publisher=Bloomberg |date=30 March 2017 |access-date=21 April 2017}} A 2008 contract was agreed to supply VVER-1000 fuel;{{cite news |url=http://www.euractiv.com/section/energy/interview/westinghouse-only-ukraine-applies-eus-nuclear-diversification-policy/ |title=Westinghouse: Only Ukraine applies EU's nuclear diversification policy |first=Georgi |last=Gotev |newspaper=EURACTIV |date=27 February 2017 |access-date=7 March 2017}} however, in trial use the fuel became deformed.

In 2015, the European Union awarded $2 million in funding to a Westinghouse-led consortium to support the development of a more competitive fuel for the Russian built reactors.{{cite news |url=http://powersource.post-gazette.com/powersource/companies/2015/07/07/Politics-helps-commerce-for-Westinghouse-nuclear-European-Union-Russia/stories/201507070016 |title=Politics helps commerce for Westinghouse |first=Anya |last=Litvak |newspaper=Pittsburgh Post-Gazette |date=7 July 2015 |access-date=21 April 2017}} In 2018, the contract to supply VVER fuel was extended to 2025.{{cite news |url=http://www.neimagazine.com/news/newsukraine-signs-new-fuel-contract-with-westinghouse-6043909 |title=Ukraine signs new fuel contract with Westinghouse |publisher=Nuclear Engineering International |date=1 February 2018 |access-date=3 February 2018}} In 2018, Westinghouse, under a further EU-funded project, started developing VVER-440 fuel.{{cite news |url=http://www.world-nuclear-news.org/UF-Westinghouse-ready-to-supply-VVER-440-fuel-1303185.html |title=Westinghouse ready to supply VVER-440 fuel |publisher=World Nuclear News |date=13 March 2018 |access-date=16 March 2018}}{{cite news |url=https://www.neimagazine.com/news/newsfortum-will-use-russian-nuclear-fuel-until-2030-10284929 |title=Fortum will use Russian nuclear fuel until 2030 |publisher=Nuclear Engineering International |date=10 November 2022 |access-date=11 November 2022}}

In October 2022, Westinghouse was selected to build Poland's first nuclear power plant based on three AP1000 reactors, with possibly a further three at a later date.{{cite news |url=https://www.world-nuclear-news.org/Articles/Poland-s-Westinghouse-choice-deepens-strategic-re |title=Poland's Westinghouse choice 'deepens strategic relationship' with USA |publisher=World Nuclear News |date=31 October 2022 |access-date=11 November 2022}}

Westinghouse also has business locations in Italy, Germany, Spain, the UK, Russia, and Bulgaria.

In South Korea, Westinghouse has been involved in the construction of new nuclear plants since 1972, with the first plant Kori Nuclear Power Plant starting up in 1977 and in commercial operation in 1978, followed by eight reactors under construction in the early 1980s. Combustion Engineering (now Westinghouse) entered into a ten-year technology transfer program with the Korean nuclear industry aiming at self-reliance, which was extended in 1997.{{cite web|title=Nuclear Power in South Korea|url=http://www.world-nuclear.org/info/Country-Profiles/Countries-O-S/South-Korea/|work=Information Library|publisher=world nuclear association|access-date=15 April 2014|date=January 2014|archive-date=29 September 2015|archive-url=https://web.archive.org/web/20150929090821/http://www.world-nuclear.org/info/Country-Profiles/Countries-O-S/South-Korea/|url-status=dead}}

In December, 2006, China's State Nuclear Power Technology Company (SNPTC) selected Westinghouse to provide four new AP1000 nuclear power plants.2009 Westinghouse corporate profile The first was due to come on line in 2013, but has been delayed until the end of 2014.

On 7 June 2016, Nuclear Power corporation of India have agreed to begin engineering and site design work for six nuclear power reactors in India and to conclude contractual agreements by June 2017.{{cite news|title=US-based Westinghouse to build 6 nuclear power plants in India|url=http://timesofindia.indiatimes.com/india/US-based-Westinghouse-to-build-6-nuclear-power-plants-in-India/articleshow/52644065.cms|newspaper=Times of India|date=8 June 2016 |access-date=30 July 2016}}

Westinghouse has been involved in South Africa through support of the Koeberg Nuclear Power Station since the 1990s, both reactors are Westinghouse-licensed. In 2007, Westinghouse acquired IST Nuclear (Pty) Ltd, and won the final bidding process for new nuclear plants in South Africa, for which it signed an MOU in 2013.{{cite web|title=Westinghouse Announces Strategic Agreement with Leading South African Engineering Company|url=https://www.prweb.com/releases/westinghouse_announces_strategic_agreement_with_leading_south_african_engineering_company/prweb11264801.htm|work=Press release|access-date=15 April 2014|date=24 October 2013|quote=signed a significant Memorandum of Understanding (MOU) with Sebata Group of Companies (Sebata Group), a leading South African-owned and operated engineering, procurement and construction management company, in preparation for the potential construction of Westinghouse AP1000® nuclear power plants in South Africa.}} IST Nuclear provides services and systems for the pebble-bed reactor.

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