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December 26, 1994 | From Times Staff and Wire Reports
Nation to Buy Equipment From U.S. Firms: The Chinese government has placed a $157-million order for power equipment from Westinghouse Electric Corp. of Pittsburgh, according to a state-run newspaper. Westinghouse will supply a generator to the Yangzhou No. 2 Power Plant in Jiangsu province, the China Daily said. McDermott International Inc. of New Orleans announced that part of the order is a $155-million boiler system for the Yangzhou facility.
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BUSINESS
December 26, 1994 | From Times Staff and Wire Reports
Nation to Buy Equipment From U.S. Firms: The Chinese government has placed a $157-million order for power equipment from Westinghouse Electric Corp. of Pittsburgh, according to a state-run newspaper. Westinghouse will supply a generator to the Yangzhou No. 2 Power Plant in Jiangsu province, the China Daily said. McDermott International Inc. of New Orleans announced that part of the order is a $155-million boiler system for the Yangzhou facility.
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BUSINESS
March 11, 2011 | By Stuart Pfeifer, Los Angeles Times
For a government official, Nestor Moreno lived pretty large. Moreno, the director of operations for Mexico's nationalized electricity monopoly, drove a $297,000 Ferrari and owned a $1.8-million yacht named Dream Seeker. Moreno couldn't afford these luxuries on his salary at the Federal Electricity Commission in Mexico City. Instead, U.S. prosecutors alleged, they were gifts from an Azusa company that was peddling its electricity transmission equipment to foreign buyers. Now, two executives of privately held Lindsey Manufacturing Co. ?
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