Tag Archives: Toshiba

Toshiba Realignment

Four divisions: Infrastructure, Energy, Electronics, Information/Communications Toshiba is splitting its corporation into four subdivisions, the company announced Monday. The decision follows Toshiba’s nuclear division—Westinghouse—filing for bankruptcy March 29. The four subsidiaries will be infrastructure, including water treatment and railways; energy, including thermal and nuclear power; electronics, including data storage; and information and communications. These will take effect in July, […]

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Westinghouse Files

Emblematic electric company enters Chapter 11 bankruptcy The words ‘electric’ and ‘pioneering’ are synonymous with Westinghouse. The company, started by George of the same surname in 1886, was at the forefront of the implementation of electricity as an industry and household regularity. More recently, it had operated as Toshiba’s nuclear branch; the company’s vaunted pressurized […]

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Big Name Round-up

News from Toshiba, Siemens, ABB, Schneider, and more… Names familiar to EA readers have caught headlines recently, for a multitude of reasons. Here’s a summation of recent activity that includes some of the more recognizable names in the industry. ABB inks offshore project with Statoil off Norway. The company has signed a “project specific agreement” for the […]

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Toshiba acquires assets of Elettra Technology

Toshiba International Corp. (TIC) has announced that a binding agreement is in place to acquire all assets and intellectual property from Elettra Technology Inc. (ETI), a manufacturer of custom electrical industrial motors based in Hamilton, Ontario, Canada. Assets include those from former Westinghouse Motor Company Canada. According to Toshiba, the acquisition is a strategic move to “add […]

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