Trade Resources Company News Westinghouse to Acquire Nuclear Equipment Supplier NLI

Westinghouse to Acquire Nuclear Equipment Supplier NLI

NLI provides critical and safety-related equipment, equipment maintenance, equipment qualification and engineering services, including pumps and pump repair, to the worldwide nuclear industry.

Engineering, design, manufacturing, testing and qualification are all performed in NLI’s 200 000 sq ft manufacturing and testing facility in Fort Worth, Texas.

Approximately 180 NLI professional and technical employees will join Westinghouse as a result of the acquisition.  

“We are pleased to support our customers as they extend plant operations and need products for the long term,” said David Howell, Westinghouse senior vice president, Operating Plants Business. “We welcome NLI’s employees to join in Westinghouse’s commitment to provide forward-thinking solutions to our new construction and operating plant customers and help ensure a bright future for the nuclear industry.”  

Tom Ferguson, CEO of AZZ, said: “We are pleased to have reached an agreement where Westinghouse, a leader in the nuclear industry, has acquired these assets, which will seamlessly integrate into their existing operations and will enable us at AZZ to drive growth as we increasingly focus on our core businesses. I am convinced that Westinghouse will be a great partner to the NLI customer roster, as well as a good employer for NLI’s employees.”      

Source: http://www.worldpumps.com/view/44879/westinghouse-to-acquire-nuclear-equipment-supplier-nli/
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