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Westinghouse to buy manufacturer in Italy

CRANBERRY TWP — Westinghouse Electric will buy Mangiarotti S.p.A., an Italy-based manufacturer of components for the nuclear, oil and gas industries.

The sale is expected to be completed by early August, according to a company announcement on Wednesday. No price was released.

“Mangiarotti is an important and long-term supplier to Westinghouse, providing components for the nuclear plants we are building and servicing around the world,” said Rick Gabbianelli, Westinghouse senior vice president of global strategy and operations support, in the company news release.

Of primary interest to Westinghouse is expanding into the oil and gas market as well as additional manufacturing of reactors, pressure vessels, modules and heat exchangers used in the nuclear energy industry and for Westinghouse's AP1000 nuclear reactors.

Westinghouse President and CEO Danny Roderick said in the release, “Our continued successful manufacturing expansion like Mangiarotti allows us to be a broader global provider in all energy fields.”

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