GE, Hitachi Team on Next-Gen Nuclear Development
14th Nov 2006, 03:49 GMT
Eyeing a growing interest in nuclear power as an environmentally friendly energy source, General Electric and Hitachi announced a partnership that will combine their nuclear power units. The deal -- financial terms were not disclosed -- brings together two of the largest industrial and commercial companies in the world, with the common goal of developing next-generation nuclear power solutions. Each company will take partial ownership in the other's nuclear energy business lines. Free E-Mail News Alerts from ECT News Network Keep up with the latest breaking business and technology news from ECT News Network. Receive real-time alerts as stories break -- or a daily version dispatched once each day. Easily add or eliminate keywords and modify service right from your inbox. Target your news today!
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