Emerson To Supply Control Technology For Four New Westinghouse Nuclear Reactors In China finance.yahoo.com
Wednesday March 9, 2011
AUSTIN, Texas--(BUSINESS WIRE)-- Westinghouse Electric Company has awarded Emerson Process Management, an Emerson (NYSE:EMR) business, contracts totaling approximately US$17 million to supply its Ovation™ expert control technology at four new Westinghouse AP1000™ nuclear reactors in China. The award continues a long relationship between the two companies, with the Ovation control system or its predecessors already installed at most existing Westinghouse nuclear reactors.
The new reactors will help China cleanly, efficiently, and safely generate additional baseload electricity to meet the country’s needs, which are growing at more than 8 percent per year, according to the World Nuclear Association. |