Ebasco
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Ebasco Services was a United States-based designer and constructor of energy infrastructure, most notably nuclear power plants.


History

The company was formed from the
Electric Bond and Share Company The Electric Bond and Share Company (Ebasco) was a United States electric utility holding company organized by General Electric. It was forced to divest its holding companies and reorganize due to the passage of the Public Utility Holding Company A ...
, a
holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...
that sold securities of electric utilities. It was created by
General Electric General Electric Company (GE) is an American multinational conglomerate founded in 1892, and incorporated in New York state and headquartered in Boston. The company operated in sectors including healthcare, aviation, power, renewable en ...
in 1905. Electric Bond and Share was restructured after the
Public Utility Holding Company Act of 1935 The Public Utility Holding Company Act of 1935 (PUHCA), also known as the Wheeler-Rayburn Act, was a US federal law giving the Securities and Exchange Commission authority to regulate, license, and break up electric utility holding companies. It l ...
, forming EBASCO Services, a provider of engineering consulting and construction services. Among other projects EBASCO designed nuclear power plants. By the 1980s, EBASCO had three divisions: EBASCO Engineering, which provided engineering design and A/E services, EBASCO Environmental, which provided environmental engineering and science services, and EBASCO Constructors, which provided construction and construction management. Ebasco (EBS) was included in
Dow Jones Utility Average The Dow Jones Utility Average (DJUA, also known as the "Dow Jones Utilities") is a stock index from S&P Dow Jones Indices that tracks the performance of 15 prominent utility companies traded in the United States. Components , the current comp ...
from 1938 to 1947. Ebasco Services was one of major US architect-engineers, coordinated design of many nuclear power plants both in the USA and abroad including the
Fukushima Daiichi Nuclear Power Plant The is a disabled nuclear power plant located on a site in the towns of Ōkuma and Futaba in Fukushima Prefecture, Japan. The plant suffered major damage from the magnitude 9.0 earthquake and tsunami that hit Japan on March 11, 2011. The ...
(units 1, 2 and 6). "Fukushima Daiichi 1 .. Fukushima Daiichi 2 .. Fukushima Daiichi 6 ... Architecture: Ebasco" EBASCO Engineering and Constructors were sold to
Raytheon Raytheon Technologies Corporation is an American multinational aerospace and defense conglomerate headquartered in Arlington, Virginia. It is one of the largest aerospace and defense manufacturers in the world by revenue and market capitali ...
in 1993 and became part of a Raytheon subsidiary, United Engineers and Constructors. EBASCO Environmental was sold to Enserch Environmental before being sold to Foster Wheeler, Inc., becoming Foster Wheeler Environmental.RAYTHEON COMPLETES EBASCO ACQUISITION FOR $210 MILLION
12/22/93


Whistleblowing case

Nuclear whistleblower Ronald J. Goldstein was a supervisor employed by EBASCO, which was a major contractor for the construction of Houston Lighting and Power Company's
South Texas Project The South Texas Project Electric Generating Station (also known as STP, STPEGS, South Texas Project), is a nuclear power station southwest of Bay City, Texas, United States. STP occupies a site west of the Colorado River about southwest of Houst ...
(a complex of two nuclear power plants). In the summer of 1985, Goldstein identified safety problems to SAFETEAM, an internal compliance program established by EBASCO and Houston Lighting, including noncompliance with safety procedures, the failure to issue safety compliance reports, and quality control violations affecting the safety of the plant. SAFETEAM was promoted as an independent safe haven for employees to voice their safety concerns. The two companies did not inform their employees that they did not believe complaints reported to SAFETEAM had any legal protection. After he filed his report to SAFETEAM, Goldstein was fired. Subsequently, Golstein filed suit under federal nuclear whistleblower statutes. The U.S.
Department of Labor The Ministry of Labour ('' UK''), or Labor ('' US''), also known as the Department of Labour, or Labor, is a government department responsible for setting labour standards, labour dispute mechanisms, employment, workforce participation, training, a ...
ruled that his submissions to SAFETEAM were protected and his dismissal was invalid, a finding upheld by Labor Secretary Lynn Martin. The ruling was appealed and overturned by the
Fifth Circuit Court of Appeals The United States Court of Appeals for the Fifth Circuit (in case citations, 5th Cir.) is a federal court with appellate jurisdiction over the district courts in the following federal judicial districts: * Eastern District of Louisiana * Mi ...
, which ruled that private programs offered no protection to whistleblowers. After Goldstein lost his case, Congress amended the federal nuclear whistleblower law to provide protection reports made to internal systems and prevent retaliation against whistleblowers.


References

{{General Electric American companies disestablished in 1993 1993 disestablishments in the United States Construction and civil engineering companies established in 1935 1935 establishments in the United States Raytheon Company General Electric American companies established in 1935