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User: stryker

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  1. Re:Somewhat make sense... on Toshiba to Pay $5.4 Billion for Westinghouse · · Score: 1

    Toshiba is certainly more than a consumer electronics company. The bullet train is one of theirs for example. They have a big presence in thermal and hydro power generation and also nuclear pressure vessels and other components http://www3.toshiba.co.jp/power/index.htm (link to Toshiba Industrial & Power Systems).

    I speculate the Westinghouse acquisition buys them the scale and expertise to be prime contractor on more projects rather than a component supplier or subcontractor. This would give them more of the revenue from any one project and bring them up to par with their capabilities in other power technologies.