This article has multiple issues. In an attempt to revitalize the corporation, the Board of Directors appointed outside management in the form of CEO Michael Jordan, who brought in numerous consultants to help re-engineer the company in order to realize the potential that they saw in the broadcasting industry. These investments cost electric power transmission systems j robert eaton pdf company over fifteen billion dollars.
To recoup its costs, Westinghouse sold many other operations. With little remaining of the company aside from its broadcasting, Westinghouse renamed itself CBS Corporation in 1997. During the 20th century, Westinghouse engineers and scientists were granted more than 28,000 US government patents, the third most of any company. George Westinghouse had based his original steam turbine design on designs licensed from the English inventor Charles Parsons. Charlotte, NC or Hamilton, Ont. Major Westinghouse licensees or joint venture partners included Mitsubishi Heavy Industries of Japan and Harbin Turbine Co. Westinghouse boasted 50,000 employees by 1900, and established a formal research and development department in 1906.
While the company was expanding, it would experience internal financial difficulties. During the Panic of 1907, the Board of Directors forced George Westinghouse to take a six-month leave of absence. Westinghouse officially retired in 1909 and died several years later in 1914. Under new leadership, Westinghouse Electric diversified its business activities in electrical technology. It acquired the Copeman Electric Stove Company in 1914 and Pittsburgh High Voltage Insulator Company in 1921. WBZ in Springfield, MA in 1921. Westinghouse expanded into the elevator business, establishing the Westinghouse Elevator Company in 1928.
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US Navy program in 1943. During the late 1940s Westinghouse applied its aviation gas turbine technology and experience to develop its first industrial gas turbine. A 2000 hp model W21 was installed in 1948 at the Mississippi River Fuel Corp gas compression station in Wilmar, Arkansas. Westinghouse of the power generation business to Siemens, AG in 1998. Concordville, PA, near Philadelphia and the old Lester, PA plant, until it was relocated to Power Generation headquarters in Orlando, FL in 1987. Westinghouse was instrumental in the development and commercialization of nuclear energy systems for electric power generation.
Additional major industrial products in the widespread Westinghouse portfolio included electric motors of all sizes, elevators and escalators, controls and lighting. The Large Motor Division, once headquartered in Buffalo, NY, entered a joint venture with Taiwan Electric Co. 1970s and today operates as TECO-Westinghouse. Ultimately, the unit was acquired by Bombardier of Canada in 2001 and is still headquartered in Pittsburgh, PA. For many years Westinghouse was a familiar household name and favored brand.