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GE and Hitachi Plan Alliance for Nuke-based Global Market

Publication Date: 13-NOV-06
Author: Thomas F. Armistead
Format: HTML

    
Description:
GE and Hitachi have agreed to begin negotiations on forming a global alliance that will combine their new nuclear powerplant and services businesses. The move echoes the recent purchase of Westinghouse Electric Co., Monroeville, Pa., by Tokyo-based Toshiba Corp. in partnership with the Shaw Group, Baton Rouge.
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