Centrus Energy Corp to spend $560 Million to expand in Oak Ridge Tennessee creating 430 new jobs.
Oak Ridge, Tennessee — According to state and local development sources, Centrus Energy Corp plans to invest $560,000,000.00 to expand in Oak Ridge. The company plans to occupy the new space at TBD in Oak Ridge, on or about May 1, 2027. According to the company website, Centrus Energy Corp. is a trusted supplier of nuclear fuel and services to the global nuclear power industry. The company plays a vital role in fueling commercial nuclear reactors, supporting U.S. national security, and offering advanced manufacturing and engineering capabilities. Centrus is the world’s most diversified supplier of enriched uranium fuel, drawing on long-term agreements, secondary sources, and inventory to ensure reliable deliveries. Notably, Centrus recently became the first U.S.-owned, U.S.-technology enrichment plant to begin production of High-Assay, Low-Enriched Uranium (HALEU) in late 2023, a critical fuel for advanced reactor designs. The company also works with the U.S. Department of Energy to develop and demonstrate advanced uranium enrichment gas centrifuge technology, essential for both national and energy security.
To learn more about Centrus Energy Corp, visit https://www.centrusenergy.com/
Company Contact:
Centrus Energy Corp
6901 Rockledge Dr # 800
Bethesda, MD20817
Phone: 301-564-3200
LinkedIn Link: https://www.linkedin.com/company/centrusenergy/
SOURCE: http://www.intelligence360.io
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