OAK RIDGE, Tenn. – Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Stuart C. McWhorter and Orano USA officials announced today the company has selected Oak Ridge, Tennessee, as the preferred site to construct a new, multi-billion-dollar, state-of-the-art centrifuge uranium enrichment facility.
The uranium enrichment center will be a multi-structure commercial production site covering approximately 750,000 square feet, making it one of the largest in North America. Facility operations will create more than 300 new direct jobs in Oak Ridge and Roane County
With U.S. headquarters in Bethesda, Maryland, and global headquarters in Paris, France, Orano is a leading technology and services provider for the commercial and federal nuclear industries. The company specializes in uranium mining/conversion/enrichment, used nuclear fuel management and recycling, decommissioning shutdown nuclear energy facilities, federal site clean-up and closure and developing nuclear medicines to fight cancer.
Orano will be the second company to locate in Tennessee utilizing the Nuclear Energy Fund, which assists nuclear energy-related businesses choosing to relocate or grow in the Volunteer State and supports the state’s universities and research institutions in further developing their nuclear education programs.
The $50 million fund was in Gov. Lee’s recommended 2023-2024 budget and approved by the Tennessee General Assembly. An additional $10 million was allocated and approved in the state’s budget during the 2024 legislative session.
“Since the days of the Manhattan Project, Oak Ridge has played a vital role in advancing nuclear innovation and supporting the nuclear industry in the U.S. and the world. As we welcome Orano to Oak Ridge, we understand our new role in contributing toward a carbon-free, energy future. This goal cannot be accomplished without uranium enrichment, and Orano has proven itself to be a world leader in the industry. Orano will help us build out the supply chain for additional industries while creating good paying jobs for Oak Ridgers.” – Oak Ridge Mayor Warren L. Gooch