Investment lays groundwork for potential large-scale uranium enrichment expansion

URL https://www.centrusenergy.com/news/centrus-launch
SourceCentrus Energy
Date Published11/20/2024

Additional Reshoring Information:

Company/Division name Centrus Energy Corp.
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2024
Domestically, the work will be done:In-house
Capital investment ($):60
City reshored to:Oakridge
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Machinery
Product(s) reshoredcentrifuges for enriched uranium
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Higher productivity, Under-utilized capacity
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