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Centrus to Expand Oak Ridge Centrifuge Manufacturing Plant to Facilitate Large-Scale Deployment
Tennessee Gov. Bill Lee, Deputy Gov. and Department of Economic and Community Development Commissioner Stuart C. McWhorter and Centrus Energy President and CEO Amir Vexler announced today that Centrus (NYSE: LEU) plans a major expansion in East Tennessee, transitioning its Oak Ridge facility to a high-rate manufacturing plant.
About this update from Centrus Energy Corp.
[{"type":"text","content":"Photo available here","length":20,"tagName":"p","attribs":{}},{"type":"list","items":[{"val":[{"type":"text","content":"Nuclear fuel supplier to create nearly 430 jobs and invest more than $560 million in Oak Ridge","length":99,"tagName":"p"}]},{"val":[{"type":"text","content":"Project supports large-scale restoration of domestic uranium enrichment capability","length":82,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":181,"olType":false},{"type":"text","content":"OAK RIDGE, Tenn., Jan. 23, 2026 /PRNewswire/ -- Tennessee Gov. Bill Lee, Deputy Gov. and Department of Economic and Community Development Commissioner Stuart C. McWhorter and Centrus Energy President and CEO Amir Vexler announced today that Centrus (NYSE: LEU) plans a major expansion in East Tennessee, transitioning its Oak Ridge facility to a high-rate manufacturing plant.","length":376,"tagName":"p"},{"type":"image","alt":"Centrus Energy Corp., Bethesda, MD (PRNewsfoto/Centrus Energy Corp.)","displaySize":"","headline":null,"caption":"Centrus Energy Corp., Bethesda, MD (PRNewsfoto/Centrus Energy Corp.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":222,"url":"https://media.zenfs.com/en/prnewswire.com/e4fc9149a758ca924bec7ef103022506"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/ODHt6U81u08FuSLuuFC4vQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM5MTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/e4fc9149a758ca924bec7ef103022506","width":400,"height":222}},"href":"https://mma.prnewswire.com/media/840946/Centrus_Energy__Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"As part of the expansion, Centrus plans to create nearly 430 new jobs and invest more than $560 million in Anderson County over the next several years to support both the growth in workforce and investment in the production of thousands of advanced centrifuges.","length":261,"tagName":"p"},{"type":"text","content":"Today's announcement supports Centrus' recently announced plans for a major expansion of its Ohio uranium enrichment plant, which will help the company meet America's commercial and national security requirements. The first new centrifuges produced in Tennessee are expected to come online in Ohio in 2029.","length":318,"tagName":"p"},{"type":"text","content":"Centrus' Technology and Manufactur...