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Benzinga
Benzinga
Business
Akanksha Bakshi

Ohio To Gain Hundreds Of Jobs As Centrus Energy Ramps Up Nuclear Production

Centrus United States Ohio Leu uranium
Periodic,Table,Concept,With,Black,Cubes.,Uranium,Element,Is,Glowing.

Centrus Energy Corp. (NYSE: LEU) announced Thursday it will expand its uranium enrichment plant in Piketon, Ohio, in a project that could generate more than 1,000 construction jobs and 300 new operations jobs.

The facility will produce both low-enriched uranium (LEU) and high-assay, low-enriched uranium (HALEU), which are critical fuels for current and next-generation reactors. The scale of the expansion hinges on federal funding decisions from the U.S. Department of Energy.

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