Toshiba

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Toshiba Corporation (株式会社東芝 Kabushiki-gaisha Tōshiba?) is a Japanese multinational engineering and electronics conglomerate corporation headquartered in Tokyo, Japan.

Background

Nuclear interests

Westinghouse majority owner

In October 2006 BNFL sold Westinghouse to Toshiba and its partners The Shaw Group and IHI.[1] Toshiba later sold 10 percent of its interest to Kazatamprom, a company based in Kazakhastan. In September 2011 Toshiba bought out the Shaw Group's 20 per cent stake in Westinghouse and now controls 87 per cent of the firm. [2]

Nearly half of all nuclear power plants operating globally, and nearly 60 percent in the United States, are based on Westinghouse technology. In 2006 Westinghouse’s AP1000 became the first Generation III+ pressurised water reactor to receive Design Certification from the US Nuclear Regulatory Commission.[3]

Affiliations

People

Contact, Resources and Notes

Contact

Website:

Resources

Notes

  1. Toshiba completes Westinghouse acquisition, Westinghouse Press Release 17 October 2006, accessed 29 August 2012.
  2. The Associated Press, Shaw Group to sell its stake in Westinghouse, 6 September 6, 2011, accessed 9 September 2012.
  3. Timeline 2000-2007, Westinghouse website, accessed 29 August 2012.