#United States #Centrus Energy #uranium enrichment #Oak Ridge

Centrus Energy Embarks on Major Expansion in Oak Ridge

Centrus Energy Corp. is taking an exciting leap forward with its plans to expand its facility in Oak Ridge, Tennessee. The initiative, announced on January 23, 2026, by Tennessee Governor Bill Lee and Centrus President and CEO Amir Vexler, aims to transition the existing site into a high-rate manufacturing plant dedicated to uranium enrichment capabilities.

This major expansion will not only generate approximately 430 new jobs in the region but also involve a significant investment of over $560 million into Anderson County. These developments come as part of Centrus’ broader strategy to modernize and enhance domestic uranium enrichment, catering to the needs of the U.S. energy market.

The particular focus on displacement of advanced centrifuge production in Tennessee aligns with Centrus' recent efforts to expand its uranium enrichment plant in Ohio. The company anticipates that the first centrifuges produced in Oak Ridge will become operational in Ohio by 2029, playing a crucial role in meeting the United States’ commercial and national security demands.

As the only uranium enrichment centrifuge manufacturing facility in the U.S., Centrus has recently secured funding from the U.S. Department of Energy to facilitate this expansion. The undertaking is supported by Tennessee’s Nuclear Energy Fund, which has seen a total allocation of $70 million since its inception.

Quotes from key figures highlight the significance of this investment. Governor Bill Lee emphasized Tennessee’s role as a leader in the nuclear sector, stating, “These 400 new jobs will create greater opportunity for Tennesseans and advance our state's position as a leader in energy independence.” Similarly, Deputy Governor Stuart C. McWhorter noted that Tennessee is rapidly becoming a beacon for clean energy, reinforcing the state’s nuclear infrastructure through strategic investments.

CEO Amir Vexler articulately expressed his commitment to restoring America’s uranium enrichment capabilities, stating that the advanced centrifuges are integral to the nation’s energy security. “We are honored to be a part of the vibrant ecosystem of nuclear energy leaders in East Tennessee,” he added.

The Tennessee Valley Authority (TVA) also welcomed the expansion. President and CEO Don Moul claimed that Centrus’ investment underpins the region's reputation as a hub for nuclear innovation and advanced manufacturing. Mayor Terry Frank, representing Anderson County, described Centrus as an exemplary corporate citizen, asserting that its growth not only enhances the business climate but simultaneously reflects the strong regional workforce.

Furthermore, Oak Ridge Mayor Warren Gooch expressed pride in the community's role in supporting Centrus' growth, reinforcing the historical importance of Oak Ridge in the nuclear energy sector.

Centrus Energy, established in 1998, is dedicated to providing carbon-free energy through its trusted nuclear fuel solutions and services, addressing the growing demand for sustainable energy sources. With its pioneering efforts in the production of High-Assay, Low-Enriched Uranium, Centrus is positioning itself at the forefront of America's energy transition, ensuring economic prosperity while embracing innovative technologies and efficient practices.

In conclusion, Centrus Energy’s expansive project not only represents a financial boon for Tennessee but also marks a strategic move toward bolstering America’s energy independence and security. As operations in Oak Ridge ramp up, the anticipated impact on job creation and local economy growth underscores a commitment to clean, advanced technological investment in energy.