This article is about the defunct Westinghouse Electric Corporation founded in 1886, renamed CBS Corporation in 1997, and purchased by Viacom in 1999. For the present-day industrial company, see Westinghouse Electric Company
. For other uses of the term "Westinghouse" including modern incarnations and recent licensing deals, see Westinghouse (disambiguation)
The Westinghouse Electric Corporation was an American manufacturing company. It was founded on January 8, 1886 as Westinghouse Electric Company and later renamed Westinghouse Electric Corporation by George Westinghouse. George Westinghouse had previously founded the Westinghouse Air Brake Company. The company purchased CBS in 1995 and became CBS Corporation in 1997.
The company pioneered long-distance power transmission and high-voltage alternating-current transmission, unveiling the technology for lighting in Great Barrington, Massachusetts.
In addition to George Westinghouse, engineers working for the company included William Stanley, Nikola Tesla, Vladimir Zworykin, Oliver B. Shallenberger, Benjamin Garver Lamme and his sister Bertha Lamme. The company was historically the rival to General Electric which was founded by George Westinghouse's arch-rival, Thomas Edison (see War of the Currents).
The company is also known for its time capsule contributions during the 1939 New York World's Fair and 1964 New York World's Fair.
Westinghouse produced the first operational American turbojet, but fumbled on the disastrous J40 project. It not only severely hampered a generation of U.S. Navy jets when the project had to be abandoned, but led to leaving the aircraft engine business in the 1950s.
Timeline of company evolution
Pittsburgh Plant (before 1888)
- Starting years
- 1886 – Founded Westinghouse Electric Company
- 1889 – renames itself the Westinghouse Electric & Manufacturing Company
- Alternating currents promoter
1900s to 1920s
- Growth and change
- 1901 – acquires Bryant Electric Company of Bridgeport, Connecticut, which continues operation as a subsidiary
- 1904 - with Baldwin, markets Baldwin-Westinghouse electric locomotives and A.C. electrification of railroads, particularly to the New Haven Railroad
- 1909 – introduces continuous-filament tungsten light bulb; ousts George Westinghouse as chairman during bankruptcy reorganization
- 1914 – acquires Copeman Electric Stove Company in Flint, Michigan from Lloyd Groff Copeman, moves it to Mansfield, Ohio and enters the home appliance market (sold in 1974 to White Consolidated Industries)
- 1915 – New England Westinghouse Company opens for business. First product is Mosin-Nagant rifles for the Czar's army.
- 1916 – share of British Westinghouse purchased by a British holding company, which becomes Metropolitan-Vickers
- 1919 - 8XE Pittsburgh experimental station goes on the air.
- 1919 - Creates RCA with GE, AT&T and United Fruit, buys the American division of Marconi.
- 1921 – acquires the Pittsburg High Voltage Insulator Company
- 1920s – enters the broadcasting industry, with stations like KDKA in Pittsburgh, Pennsylvania and WBZ in Massachusetts
- 1926 - In partnership with GE and RCA founds NBC Broadcasting.
1930s and 1940s
Close up of Westinghouse logo on historic kitchen stove at John & Mable Ringling Museum, Sarasota
1950s to 1970s
- 1951 - conducts first live network TV in U.S.
- 1952 - opens Cathode Ray Tube facility in Horseheads, NY; facility housed three divisions: Cathode Ray Tube, Electronic Tube, and Industrial and Government Tube.
- 1954 - enters finance: Westinghouse Credit Corporation
- 1954 - adopts "You Can Be Sure... If It's Westinghouse" as advertising slogan for home appliances
- 1954 – leaves railroad (locomotive and mass transit) propulsion equipment business.
- 1955 - buys KDKA-TV (then WDTV) and KYW radio Cleveland.
- 1955 – Westinghouse J40 engine failure causes all F3H fighters using the engine to be grounded, and all other jets using it to switch to other engines. Westinghouse forced out of aircraft engine business.
- 1961 – acquires Thermo King (sold in 1997 to Ingersoll Rand).
- 1964 – begins Skybus project; beginning of automated mass transit
- 1964 - makes the lowest bid for the BART project 
- 1965 - buys Marketeer Electronic Vehicles. 
- 1966 - founds Cinema Center Films. 
- 1966 - starts housing and real estate development divisions.
- 1966 - buys a toy manufacturer.
- 1969 - buys 7-Up bottling.
- 1973 - develops world's first AMLCD displays.
- 1974 – sells well-known home appliance division to White Consolidated Industries which becomes White-Westinghouse
- 1979 – withdraws from all oil related projects in the Middle East after Iranian Revolution
- 1981 – acquires both cable television operator TelePrompter (sold 1985), Muzak (sold September 1986) and 50% of Showtime for $576 million.
- 1982 – acquires robot maker Unimation
- 1982 – sells street light division to Cooper Lighting
- 1983 – sells electric lamp division to Philips
- 1984 - buys Unimation robotics for $105 million.
- 1986 - buys Los Angeles TV station.
- 1987 - buys radio stations in Sacramento and Chicago.
- 1987 - buys electrical equipment, engineering and waste disposal divisions.
- 1988 – sells elevator/escalator division to Schindler Group
- 1988 – Enters into joint venture with Taiwan Electric to build Electric motors; Taiwan Electric eventually becomes sole owner of business as TECO Motor Company
- 1988 - spins Industrial and Government Tube Division off as Imaging and Sensing Technologies Corporation.
- 1988 – closes the East Pittsburgh plant, which had once been the primary Westinghouse manufacturing facility
- 1989 – sells transmission and distribution business to Asea Brown Boveri Group (ABB)
- 1989 - buys Shaw-Walker Furniture and Reff Furniture.
- 1989 - buys Legacy Broadcasting.
1990s to 2000s
- 1990 - buys Knoll International Furniture.
- 1994 - buys United Technologies' Norden electronic systems.
- 1994 – sells electric power distribution and control business unit to Eaton Corporation for $1 billion ($1.5 billion today)
- 199x – separates IT and phone service sales into Westinghouse Communications division
- 1995 – under the leadership of Michael H. Jordan buys CBS for $5.4 billion ($8.1 billion today)
- 1996 – buys Infinity Broadcasting for $4.7 billion.
- 1996 – sells Westinghouse Electronic Systems defense business to Northrop Grumman for $3 billion ($4.4 billion today), becoming Northrop Grumman Electronic Systems
- 1997 – sells most non-broadcast operations; renames itself CBS Corporation
- 1997 - buys American Radio Systems for $2.6 billion, increasing station network to 175.
- 1998 – sells remaining manufacturing asset, its nuclear energy business, to BNFL which sold it to Toshiba in 2006 which still operates it as Westinghouse Electric Company today
- 1998 – CBS Corporation creates a new subsidiary called Westinghouse Electric Corporation to manage the Westinghouse brand
- 1999 - buys Outdoor Systems for $8.7 billion and King World Productions for $2.5 billion.
- 1999 – sells itself to Viacom, Inc.
- 2006 – Viacom is split into two companies, with a new Viacom being spun off of the company, and the "old" Viacom being renamed CBS Corporation thus reviving Westinghouse's last name prior to sale.
- 2010 – The Westinghouse Electric Company opened new headquarters in Cranberry Township, Butler County, Pennsylvania where it preserves the industrial legacy of the original Westinghouse Electric Corp.
- George Westinghouse 1886-1909 
- Don Burnham 1963-1975 
- Robert Kirby 1975-1983 
- Douglas Danforth 1983-1987 
- John Marous 1988-June 29, 1990 
- Paul Lego June 30, 1990-January 1993 
- Gary Clark January 1993-July 1993
- Michael Jordan July 1993-1998 
- ^ John W. Klooster, Icons of Invention: The Makers of the Modern World from Gutenberg to Gates, page 305. Books.google.com. 30 July 2009. Retrieved 10 September 2012.
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- ^ "Three Decades of Wall Street's Muzak Fixation - Ray Gustini". The Atlantic Wire. March 24, 2011. Retrieved April 20, 2013.
- ^ http://news.google.com/newspapers?id=gtVRAAAAIBAJ&sjid=RG4DAAAAIBAJ&pg=4275%2C2365340
- ^ "Pittsburgh Post-Gazette - Who Killed Westinghouse? - In the beginning". Old.post-gazette.com. March 12, 1914. Retrieved April 20, 2013.
- ^ "Pittsburgh Post-Gazette - Who Killed Westinghouse? - Chapter 1: Doing Well by Doing Good". Old.post-gazette.com. Retrieved April 20, 2013.
- ^ "Pittsburgh Post-Gazette - Who Killed Westinghouse? - Chapter 2: Sue Me, Sue You Blues". Old.post-gazette.com. Retrieved April 20, 2013.
- ^ "Pittsburgh Post-Gazette - Who Killed Westinghouse? - Chapter 3: Money, It's a Hit". Old.post-gazette.com. Retrieved April 20, 2013.
- ^ "Pittsburgh Post-Gazette - Who Killed Westinghouse? - Chapter 4: Big Money and Bad Choices". Old.post-gazette.com. June 29, 1990. Retrieved April 20, 2013.
- ^ "Pittsburgh Post-Gazette - Who Killed Westinghouse? - Chapter 5: Coming Apart at the Seams". Old.post-gazette.com. January 15, 1991. Retrieved April 20, 2013.
- ^ "Pittsburgh Post-Gazette - Who Killed Westinghouse? - Chapter 6: Free at Last". Old.post-gazette.com. Retrieved April 20, 2013.