Nuke manufacturing plant put on hold

The Richland Times-Dispatch reported yesterday:

Construction is being halted at a planned nuclear manufacturing plant in Newport News.

Areva Newport News says it is shelving the project because of unfavorable market conditions and uncertainty over U.S. energy policy.

The plant would manufacture large components used in the nuclear-power industry.

Areva expects a delay of more than two years on beginning the project:

“(Jarrett Adams, an Areva spokesman) said, if and when conditions improve, it would be at least two years from when construction resumes to when the building could become operational.”

This may be a clear sign that the “Nuclear Renaissance” is not proceeding as planned.

Link: http://www2.timesdispatch.com/business/2011/may/10/TDBIZ01-nuclear-manufacturing-plant-in-newport-new-ar-1027760/

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About Robert Singleton

By day, I work for a call center. In my spare time, I try to save my hometown (and planet) from a nearly constant onslaught of greedheads, lunatics and land developers. I live in a fictional town called Austin, Texas, where I go to way too many meetings.
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