( By AQG ) [Approx. Read Time: 1.5 minutes]
French nuclear giant AREVA and Northrop Grumman Shipbuilding to break ground this evening on the first full-scale manufacturing facility dedicated to supply heavy components to the nuclear industry. Click here to see the webcast live beginning at 6:00 p.m. EST.
AREVA and Northrop Grumman Shipbuilding, a sector of Northrop Grumman Corporation (NYSE: NOC), have joined forces to build a new manufacturing and engineering facility in Newport News, Va., to supply the growing American nuclear energy sector. AREVA Newport News will be the first full-scale manufacturing facility dedicated to supply heavy components, such as reactor vessels, steam generators and pressurizers to the U.S.U.S. nuclear power plants to be built in 35 years. AREVA has been manufacturing quality heavy components for the global commercial nuclear industry for more than 30 years at its Chalon/St. Marcel plant. Industry experts have viewed limited production of heavy components positioned against rising demand as a constraint on nuclear energy’s expansion. The joint venture aims to establish a facility for manufacturing heavy components for the U.S. EPR, AREVA’s Generation III+ nuclear reactor. nuclear energy industry. These components will supply the first new
Together with Northrop Grumman’s experience, AREVA Newport News will provide a secure domestic link in the supply chain for deploying the U.S. EPR and supporting a diverse energy mix that will mean safe, clean, affordable electricity for Americans.
The 300,000 square-foot facility is estimated to bring more than 500 skilled hourly and salaried jobs to the Commonwealth of Virginia.
