Automotive, Bid Rigging, corruption, False Claims, GE Hitachi Nuclear Energy, General Electric, General Electric Company, Hitachi, Hitachi-GE Nuclear Energy, Ltd, nuclear, Price Fixing, US Department of Justice
Does anyone really want a company who appears repeatedly in trouble with the US Justice Department dealing with nuclear anything?
“GE Hitachi Nuclear Energy (GEH) is a provider of advanced reactors and nuclear services. It is located in Wilmington, N.C. Established in June 2007, GEH is a global nuclear alliance created by General Electric and Hitachi. In Japan, the alliance is Hitachi-GE Nuclear Energy, Ltd.” http://en.wikipedia.org/wiki/GE_Hitachi_Nuclear_Energy
“FRIDAY, OCTOBER 31, 2014
HITACHI METALS LTD. AGREES TO PLEAD GUILTY FOR FIXING PRICES AND RIGGING BIDS ON AUTOMOBILE PARTS INSTALLED IN U.S. CARS
Company Agrees to Pay $1.25 Million Criminal Fine
WASHINGTON — Hitachi Metals Ltd., an automotive parts manufacturer based in Tokyo, Japan, and successor in interest to Hitachi Cable Ltd. (collectively Hitachi), has agreed to plead guilty and to pay a $1.25 million criminal fine for its role in a conspiracy to fix prices and rig bids for automotive brake hose installed in cars sold in the United States and elsewhere, the Department of Justice announced today.
According to the one-count felony charge filed today in the U.S. District Court for the Northern District of Ohio in Toledo, Hitachi conspired to fix the prices of automotive brake hose sold to Toyota Motor Corporation and certain of its subsidiaries, affiliates and suppliers, in the United States and elsewhere (collectively Toyota). In addition to the criminal fine, Hitachi has agreed to cooperate in the department’s ongoing investigation. The plea agreement will be subject to court approval.” Read the entire press release here: http://www.justice.gov/atr/public/press_releases/2014/309636.htm
Earlier this year: “Thursday, January 23, 2014
General Electric Hitachi Nuclear Energy Americas Agrees to Pay $2.7 Million for Alleged False Claims Related to Design of Advanced Nuclear Reactor The Justice Department announced today that General Electric Hitachi Nuclear Energy Americas LLC (GE Hitachi) has agreed to pay $2.7 million to resolve allegations under the False Claims Act that it made false statements and claims to the Department of Energy and the Nuclear Regulatory Commission (NRC) concerning an advanced nuclear reactor design. GE Hitachi, a provider of nuclear energy products and services headquartered in Wilmington, N.C., is a subsidiary of General Electric Company (GE) that is also partially owned by Hitachi Ltd., a multinational engineering and manufacturing firm headquartered in Tokyo, Japan. GE is headquartered in Fairfield, Conn.” Read here: http://www.justice.gov/opa/pr/2014/January/14-civ-069.html See also: https://miningawareness.wordpress.com/2014/01/24/ge-hitachi-nuclear-concealed-flaws-in-design-of-nuclear-reactor-fined-by-us-doj-but-nrc-still-reviewing-application-for-certification/
GE Hitachi owns “The Morris Operation in Grundy County, Illinois, United States, is the location of the only de facto high-level radioactive waste storage site in the United States and holds 772 tons of spent nuclear fuel. It is owned by GE Hitachi Nuclear Energy with an address of 7555 East Collins Rd., Morris, IL 60450. The site is located immediately southwest of Dresden Generating Station. Spent nuclear fuel assemblies are stored at this away-from-reactor, Independent Spent Fuel Storage Installation (ISFSI) in a spent fuel storage pool.” http://en.wikipedia.org/wiki/Morris_Operation
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GE doesn’t exactly have a great track record:
“The six reactors in the 2011 Fukushima I Nuclear Power Plant catastrophe had been designed by General Electric. Their design had been criticised as far back as 1972.
In March 2011, The New York Times reported that, despite earning $14.2 billion in worldwide profits, including more than $5 billion from U.S. operations, General Electric did not owe taxes in 2010. General Electric had a tax refund of $3.2 billion. This same article also pointed out that GE has reduced its American workforce by one fifth since 2002.
In December 2011, the non-partisan organization Public Campaign criticized General Electric for spending $84.35 million on lobbying and not paying any taxes during 2008–2010, instead getting $4.7 billion in tax rebates, despite making a profit of $10.4 billion, laying off 4,168 workers since 2008, and increasing executive pay by 27% to $75.9 million in 2010 for the top 5 executives.
GE has a history of some of its activities giving rise to large-scale air and water pollution. Based on year 2000 data, researchers at the Political Economy Research Institute listed the corporation as the fourth-largest corporate producer of air pollution in the United States, with more than 4.4 million pounds per year (2,000 tons) of toxic chemicals released into the air. GE has also been implicated in the creation of toxic waste. According to EPA documents, only the United States Government, Honeywell, and Chevron Corporation are responsible for producing more Superfund toxic waste sites.” http://en.wikipedia.org/wiki/General_Electric
“Among other things, Hitachi Metals supplies materials for aircraft engines and fuselage components (e.g. landing gear), along with finished components for same and other aerospace applications. It also provides materials, components and tools for the automotive and electronics industries.” http://en.wikipedia.org/wiki/Hitachi