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Latest USEC Inc. Stories

2009-06-18 11:23:00

PIKETON, Ohio, June 18 /PRNewswire-FirstCall/ -- Ohio Gov. Ted Strickland today joined executives from Duke Energy (NYSE: DUK), AREVA, USEC Inc., UniStar Nuclear Energy and the Southern Ohio Diversification Initiative (SODI) to announce the formation of an alliance to pursue the development of America's first clean energy park project at a U.S. Department of Energy (DOE) site in Piketon, Ohio. (Logo: http://www.newscom.com/cgi-bin/prnh/20040414/DUKEENERGYLOGO ) Known as the Southern Ohio...

2008-09-25 09:00:48

Fluor Corporation (NYSE: FLR) announced today that it was awarded a contract for engineering, procurement, construction and construction services (EPC) of about $1 billion for USEC's American Centrifuge Plant in Piketon, Ohio. Fluor will book the revenue into backlog as the client releases task orders throughout the rest of 2008 and 2009. Fluor performed front-end engineering and design and construction services for USEC from May 2004 to July 2007, with detailed design also underway on...

2008-09-25 09:00:48

USEC Inc. (NYSE:USU) awarded an engineering, procurement, construction and construction management services contract to Fluor Corporation totaling approximately $1 billion for USEC's American Centrifuge Plant in Piketon, Ohio. The contract is consistent with the previously announced $3.5 billion project budget for the American Centrifuge Plant. Under the new contract, which runs from 2008 to 2012, Fluor will be reimbursed for costs plus a fixed fee. Fluor can also earn an incentive fee...

2008-09-02 09:00:37

USEC Inc. (NYSE:USU) submitted on August 29, 2008, the second part of a two-part application for a loan guarantee from the U.S. Department of Energy (DOE) to fund construction of the American Centrifuge Plant in Piketon, Ohio. USEC submitted the first part on July 24, 2008. DOE invited nuclear energy projects to submit loan guarantee applications on June 30, 2008. DOE had set a deadline of September 29, 2008, for part I applications and December 2, 2008, for part II applications for...

2008-08-19 12:00:49

USEC Inc.'s (NYSE:USU) American Centrifuge project is creating thousands of jobs at sites across the United States and helping rebuild America's nuclear manufacturing base. USEC's suppliers are adding jobs and building new facilities to manufacture centrifuge machine parts and support systems for the American Centrifuge Plant in Piketon, Ohio. Plant construction and machine assembly and testing will create additional jobs. USEC estimates that the American Centrifuge Plant will create...

2008-04-14 18:00:38

Last week, the U.S. Department of Energy (DOE) submitted its loan guarantee implementation plan to Congress and said it intends to issue its loan guarantee solicitations as soon as possible after the congressional review. USEC Inc. (NYSE:USU) said today it is planning to submit an application shortly after the DOE solicitation is made late in the second quarter of 2008. USEC strongly supports the principles behind the DOE loan guarantee program, which will help America rebuild its...


Word of the Day
penuche
  • A fudgelike confection of brown sugar, cream or milk, and chopped nuts.
'Penuche' is a variant of 'panocha,' a coarse grade of sugar made in Mexico. 'Panocha' probably comes from the Spanish 'panoja, panocha,' ear of grain.
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