PIKETON, Ohio (WCMH) — A supplier of fuel for nuclear power plants plans to fulfill its promise to grow its manufacturing of high tech centrifuges to enrich uranium at its southcentral Ohio location in Pike County.
According to JobsOhio, Centrus has announced details to add at least 300 new jobs with a multibillion dollar expansion at its Piketon, Ohio plant, south of Chillicothe in Pike County.
The announcement, made by Centrus Energy, along with Ohio Governor Mike DeWine, Ohio Senator Jon Husted and Congressperson Dave Taylor, JobsOhio, and Ohio Southeast Economic Development, said the expansion is expected to create 1,000 construction jobs and 300 new operations jobs at the Piketon site, while retaining 127 existing jobs, boosting Low-Enriched Uranium (LEU) and High-Assay, Low-Enriched Uranium (HALEU) production.
Ohio bill would allow certain public officials to carry guns in government facilitiesFunding for the project, however, has not yet been determined, which will go a long way in determining the size and scope of the expansion.
Centrus has raised more than $1.2 billion in a pair of convertible note transactions over the last 12 months, JobsOhio said, and has secured more than $2 billion in contingent purchase commitments from utility customers in the United States and around the world.
“We are planning a historic, multi-billion-dollar investment right here in Ohio – supported by a nationwide supply chain to do just that,” Centrus CEO Amir Vexler said in the statement.
The project is also expected to support hundreds of jobs at Centrus’ centrifuge manufacturing plant in Tennessee and throughout its manufacturing supply chain – which is entirely domestic – along with thousands of indirect jobs in Ohio, Tennessee, and across the country.
Centrus Energy in Pike County, OhioCentrus Energy in Pike County, OhioCentrus Energy President and CEO Amir Vexler speaks at a news conference at its Technology and Manufacturing Center, on Wednesday, Nov. 20, 2024, in Oak Ridge, Tenn. (AP Photo/Jonathan Mattise)The company will discuss the announcement today at the Ross County Employment Expo in Chillicothe, Ohio, where Centrus is meeting with potential job candidates.
“Centrus’ commitment to expand and upgrade its Piketon facility underscores Ohio’s importance in supporting our nation’s economic and national security,” said Gov. DeWine. “Uranium enrichment operations in Piketon have played a critical role in U.S. national defense since the earliest days of the Cold War, and Centrus’ facility provides the only technology available today capable of building out domestic enrichment at an industrial scale.”
“Today’s announcement is critical, not just for the people of Southeast Ohio, but for our nation. Expanding our ability to enrich uranium here in Ohio will continue America’s legacy as the global leader in nuclear development,” said Sen. Husted. “This facility will be a key resource in maintaining America’s nuclear fleet and bringing power to millions of homes and businesses through modern modular reactors, and it begins with the hardworking and talented people here in Ohio.”
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