US nuclear fuel manufacturer will open $13 million production facility in Oak Ridge

URLhttps://www.knoxnews.com/story/money/2022/03/02/ul
Sourcehttps://www.knoxnews.com
Date Published03/02/2022
Author NameSilas Sloan
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Ultra Safe Nuclear Corporation
Parent companyUltra Safe Nuclear Corporation
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):31
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Offshore, work was done:In-house
Capital investment ($):13
City reshored to:Oak Ridge
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Chemicals, nuclear research
Product(s) reshoredceramic microencapsulated nuclear fuel
What domestic positive factors made reshoring more attractive?Government Incentives, Infrastructure, Skilled workforce availability/training
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