November 8, 2011

Westinghouse Selects Port of Charleston for Energy Project Moves

Charleston, SC - Westinghouse Electric Company has selected the Port of Charleston for a multi-year deal to handle oversize project cargo in support of a major power plant expansion by South Carolina Electric & Gas Company (SCE&G) near Columbia, SC.

“The Port of Charleston appreciates Westinghouse Electric Company’s confidence in our capabilities and welcomes this new business,” said Jim Newsome, president and CEO of the South Carolina Ports Authority. “These kinds of project moves are labor-intensive, supporting jobs across the state’s maritime and transportation industries. It’s great new business for the port.”

“From a logistics perspective, this is a large, complex and important project,” said Carl Rossi, director of Global Logistics for Westinghouse. “The South Carolina Ports Authority has approached it very professionally from its inception and has assisted Westinghouse in building a realistic project plan to move our cargo quickly and efficiently to the construction site.”

The project involves about 24,000 tons of equipment that will be deployed at V.C. Summer Units 2 and 3 in Jenkinsville, SC.

Shipments are scheduled to begin arriving at the Port of Charleston’s Columbus Street Terminal next month and continue for more than four years during construction. At the port, approximately 30 ships will deliver machinery and equipment - weighing up to 700 tons - for delivery by rail and truck to the site approximately 30 miles northwest of Columbia.

A recently completed $23-million improvement project at the 135-acre Columbus Street Terminal enhanced the facility’s mix of on-dock rail, storage and heavy-lift capabilities. The terminal handles a variety of non-container cargoes, including autos, other rolling stock, breakbulk cargoes, heavy-lift and project moves, including power generation equipment.

Westinghouse Electric Company, a group company of Toshiba Corporation (TKY:6502), is the world's pioneering nuclear energy company and is a leading supplier of nuclear plant products and technologies to utilities throughout the world.

About the South Carolina Ports Authority
The South Carolina State Ports Authority, established by the state's General Assembly in 1942, owns and operates public seaport facilities in Charleston and Georgetown, handling international commerce valued at more than $50 billion annually while receiving no direct taxpayer subsidy.  An economic development engine for the state, port operations facilitate 260,800 jobs across South Carolina and nearly $45 billion in economic activity each year.  For more information, visit www.scspa.com.