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News and Discussions => Nuke News => Topic started by: Marlin on Oct 28, 2015, 12:03

Title: CB&I to Sell Nuclear Construction Business to Westinghouse
Post by: Marlin on Oct 28, 2015, 12:03
CB&I to Sell Nuclear Construction Business to Westinghouse

http://www.prnewswire.com/news-releases/cbi-to-sell-nuclear-construction-business-to-westinghouse-300167317.html
Title: Re: CB&I to Sell Nuclear Construction Business to Westinghouse
Post by: Mounder on Oct 28, 2015, 07:46
Let me see, that's Shaw/Stone & Webster/Foster Wheeler (CB& et all) selling to MK Ferguson/Washington Group/URS/AECOM and running the contract under the fossilized Westinghouse name......and Shaw previously owned part of Westinghouse. 
Title: Re: CB&I to Sell Nuclear Construction Business to Westinghouse
Post by: Ksheed on Oct 29, 2015, 09:14
There are bigger reasons behind the buyout.

http://generationhub.com/2015/10/27/settlement-terms-reached-in-vogtle-new-nuclear-con (http://generationhub.com/2015/10/27/settlement-terms-reached-in-vogtle-new-nuclear-con)

And Fluor slides in: http://www.powermag.com/cbi-out-fluor-in-at-vogtle-and-v-c-summer-nuclear-power-plant-construction-projects/ (http://www.powermag.com/cbi-out-fluor-in-at-vogtle-and-v-c-summer-nuclear-power-plant-construction-projects/)

Guess that explains the job posting yesterday for Fluor in Region II: https://www.nukeworker.com/job/view.php?job_id=42296 (https://www.nukeworker.com/job/view.php?job_id=42296)
Title: Re: CB&I to Sell Nuclear Construction Business to Westinghouse
Post by: rpartees on Oct 29, 2015, 10:29
Any idea which hat the ex CB&I employees at Vogtle/VC Summer will wear now, Westinghouse or Fluor?
Title: Re: CB&I to Sell Nuclear Construction Business to Westinghouse
Post by: Ksheed on Oct 29, 2015, 12:25
Quote from: rpartees on Oct 29, 2015, 10:29
Any idea which hat the ex CB&I employees at Vogtle/VC Summer will wear now, Westinghouse or Fluor?

Just a guess:
Upper management-Westinghouse
Field Supervision and craft-Fluor
Title: Re: CB&I to Sell Nuclear Construction Business to Westinghouse
Post by: mjd on Oct 29, 2015, 02:32
Big potential future unknown. Fluor is the deep pockets behind NuScale. If Fluor gets stretched too thin, and they don't see a potential for payback with NuScale....
Title: Re: CB&I to Sell Nuclear Construction Business to Westinghouse
Post by: Ksheed on Oct 29, 2015, 03:40
Quote from: mjd on Oct 29, 2015, 02:32
Big potential future unknown. Fluor is the deep pockets behind NuScale. If Fluor gets stretched too thin, and they don't see a potential for payback with NuScale....
They were also just recently awarded the site contract at Comanche Peak.
Title: Re: CB&I to Sell Nuclear Construction Business to Westinghouse
Post by: Rennhack on Oct 29, 2015, 07:33
Quote from: ksheed12 on Oct 29, 2015, 09:14
There are bigger reasons behind the buyout.

http://generationhub.com/2015/10/27/settlement-terms-reached-in-vogtle-new-nuclear-con (http://generationhub.com/2015/10/27/settlement-terms-reached-in-vogtle-new-nuclear-con)

And Fluor slides in: http://www.powermag.com/cbi-out-fluor-in-at-vogtle-and-v-c-summer-nuclear-power-plant-construction-projects/ (http://www.powermag.com/cbi-out-fluor-in-at-vogtle-and-v-c-summer-nuclear-power-plant-construction-projects/)

Guess that explains the job posting yesterday for Fluor in Region II: https://www.nukeworker.com/job/view.php?job_id=42296 (https://www.nukeworker.com/job/view.php?job_id=42296)

Exactly.
Title: Re: CB&I to Sell Nuclear Construction Business to Westinghouse
Post by: HeavyD on Oct 29, 2015, 08:11
The current plan is that everyone who makes up Stone and Webster, whichever entities that may be, will become WEC.

Fluor is being brought in to be the project management firm, at least for our project (V. C. Summer 2 and 3).

In all likelihood, craft/trade will see no changes other than the name on their hardhats.  The management team here.......that may be an entirely different story.

I'll check back in as more info is provided to us.
Title: Re: CB&I to Sell Nuclear Construction Business to Westinghouse
Post by: rpartees on Oct 30, 2015, 07:34
Thanks HeavyD.  It sounds like future job openings (Planning, Engineering, etc.) will be thru Westinghouse?
Title: Re: CB&I to Sell Nuclear Construction Business to Westinghouse
Post by: HeavyD on Oct 30, 2015, 07:46
We don't know yet.

Probably, but that is pure speculation at this point.

Over the next 30 days or so the picture should start to become more clear.