• About
    • About Us
    • What We Cover
  • Advertise
    • Advertise
    • Our Advertisers
  • Contact
  • Donate
  • Send News
  • Subscribe

Oak Ridge Today

  • Home
  • Sign in
  • News
    • Business
    • Community
    • Education
    • Government
    • Health
    • Police and Fire
    • U.S. Department of Energy
    • Weather
  • Sports
    • High School
    • Middle School
    • Recreation
    • Rowing
    • Youth
  • Entertainment
    • Arts
    • Dancing
    • Movies
    • Music
    • Television
    • Theater
  • Premium Content
  • Obituaries
  • Classifieds

 

More than 100 jobs terminated as B&W work on USEC centrifuge project ends

Posted at 2:25 pm May 20, 2014
By John Huotari Leave a Comment

American Centrifuge Technology Manufacturing Center

The American Centrifuge Technology Manufacturing Center in south Oak Ridge is pictured above. (Photos courtesy USEC)

But hundreds of jobs maintained in Ohio and Tennessee, USEC says

Babcock and Wilcox has terminated the employment of more than 100 workers who had been involved in the American Centrifuge project with USEC, and Monday was the last day of work for most of them, a spokesperson said.

“B&W’s involvement in the American Centrifuge Manufacturing LLC has transitioned fully to USEC, which will result in the termination of all 122 employees B&W had engaged in the effort,” said Aimee Mills, B&W media relations lead.

Mills said roughly 25 employees will be released during the next two months as the “final steps of demobilization take place” on the advanced uranium enrichment project, which has included centrifuge manufacturing in Oak Ridge and the American Centrifuge Plant in Piketon, Ohio.

“Some of those affected have been reassigned within B&W,” Mills said. “We have also provided assistance by way of job fairs and workshops to update resumes.”

Meanwhile, USEC has notified a small group of its Oak Ridge employees who worked on manufacturing activities that they would be laid off, Communications Manager Jeremy Derryberry said Tuesday. Several were transferred to other parts of the centrifuge program. [Read more…]

Filed Under: Business, Business, Oak Ridge, Oak Ridge National Laboratory, Slider, Top Stories, U.S. Department of Energy Tagged With: ACTDO, Aimee Mills, American Centrifuge, American Centrifuge Manufacturing LLC, American Centrifuge Plant, American Centrifuge Project, American Centrifuge Technology Demonstration and Operations, B&W, Babcock and Wilcox Co., centrifuge, centrifuge enrichment, Chapter 11 bankruptcy, employees, enriched uranium, Jeremy Derryberry, K-1600, national security, Oak Ridge National Laboratory, ORNL, reactors, U.S. Department of Energy, USEC, UT-Battelle, WARN notices, workers

DOE explores options for enriched uranium technology for national security

Posted at 5:17 am May 6, 2014
By John Huotari Leave a Comment

American Centrifuge Technology Manufacturing Center

The American Centrifuge Technology Manufacturing Center in south Oak Ridge is pictured above. (Photos courtesy USEC)

USEC, UT-Battelle to preserve centrifuge enrichment capabilities on interim basis

USEC and UT-Battelle have signed a $33.7 million, five-month contract to continue operating centrifuges and conducting research and development activities on a uranium enrichment project deemed important for national security and possible commercial use.

The agreement with UT-Battelle, which manages Oak Ridge National Laboratory, was signed May 1. The five-month term ends Sept. 30. The new agreement includes options for two six-month extensions valued at about $41.7 million each. The total price of the contract with the options is roughly $117 million.

USEC, which is now an ORNL subcontractor, previously performed research, development, and demonstration work on the project, the American Centrifuge Project, under an agreement with the U.S. Department of Energy that had been in place since June 12, 2012. That cost-sharing agreement expired April 30. [Read more…]

Filed Under: Business, Oak Ridge, Oak Ridge National Laboratory, Top Stories, U.S. Department of Energy Tagged With: ACTDO Agreement, American Centrifuge Manufacturing LLC, American Centrifuge Project, American Centrifuge Technology Demonstration and Operations Agreement, Babcock and Wilcox Technical Services Group Inc., bankruptcy, centrifuges, DOE, enriched uranium, Ernest Mozin, Form 8-K, National Nuclear Security Administration, national security, nuclear fuel, Oak Ridge, Oak Ridge National Laboratory, ORNL, Piketon, research and development, Securities and Exchange Commission, U.S. Department of Energy, uranium enrichment, USEC, USEC Inc., UT-Battelle

USEC centrifuge agreement extended, but future uncertain as workers receive WARN notices

Posted at 10:01 am April 15, 2014
By John Huotari Leave a Comment

Centrifuge Machine Manufacturing

In Oak Ridge, USEC workers take part in centrifuge operations, testing, and manufacturing for the American Centrifuge Project. (Photos courtesy USEC)

Note: This story was last updated at 11:11 a.m.

The American Centrifuge Project, a program that would enrich uranium for commercial nuclear power plants and has operations in Oak Ridge, got a little extra time this week.

Several billions have already been spent and funding was set to expire April 15, but USEC announced Tuesday morning that the research, development, and demonstration agreement was extended through April 30. That was done at no additional cost to the taxpayer through “prudent management of existing program funds by USEC,” the company said in a press release.

In the meantime, USEC said it continues its discussions with Oak Ridge National Laboratory, which could take over the management of the project for national security purposes. The DOE takeover was announced by Energy Secretary Ernest Moniz during a House Appropriations subcommittee hearing earlier this month.

The future of the project is not clear and several hundred workers have received notices that they could be laid off. On Friday, USEC Inc. spokesperson Paul Jacobson said the 60-day notices, which were effective March 19, were sent to 174 USEC employees in the Oak Ridge area and a total of 400 workers. Most of the other workers are in Piketon, Ohio, but there are also a few at USEC headquarters in Bethseda, Md. [Read more…]

Filed Under: Business, DOE, Oak Ridge, Slider, Top Stories, U.S. Department of Energy Tagged With: Aimee Mills, American Centrifuge Plant, American Centrifuge Project, B&W, Babcock and Wilcox Co., bankruptcy, centrifuges, DOE, enriched uranium, Ernest Moniz, Fukushima, nuclear power plants, Oak Ridge National Laboratory, Paul Jacobson, research and development, research development and demonstration, U.S. Department of Energy, uranium, uranium enrichment, uranium fuel, USEC, WARN notices

USEC bankruptcy filing won’t affect daily operations in Oak Ridge, company says

Posted at 7:00 pm March 10, 2014
By John Huotari Leave a Comment

Centrifuge Machine Manufacturing

In Oak Ridge, USEC workers take part in centrifuge operations, testing, and manufacturing for the American Centrifuge Project. (Photos courtesy USEC)

The Chapter 11 bankruptcy filing and financial restructuring plan that USEC Inc. announced last week will not affect daily operations in Oak Ridge or the American Centrifuge Project, a company spokesman said Monday.

The bankruptcy filing and financial plan are a restructuring of the balance sheet of the parent company, USEC Inc., spokesman Paul Jacobson said. He said the company is trying to strengthen its balance sheet and be a stronger sponsor of the American Centrifuge Project, a “next-generation” U.S. uranium enrichment technology. USEC Inc. is a global energy company that is a leading supplier of enriched uranium fuel for commercial nuclear power plants.

The company currently has 304 people working on the centrifuge program in Tennessee. In Oak Ridge, workers take part in centrifuge operations, testing, and manufacturing.

“This plan for restructuring our debt and equity will have no effect on our employees, who will continue to receive paychecks and benefits in the ordinary course,” Jacobson said. “As we have communicated to our employees previously, some employees will be impacted by several ongoing initiatives that are unrelated to the restructuring.” [Read more…]

Filed Under: Business, Business, Oak Ridge, Slider, Top Stories, U.S. Department of Energy Tagged With: American Centrifuge Project, B&W, Babcock and Wilcox Co., bankruptcy, centrifuge program, Chapter 11, Chapter 11 bankruptcy, financial restructuring, nuclear fuel, nuclear power, Oak Ridge, Ohio, Paducah, Paul Jacobson, restructuring, Securities and Exchange Commission, Toshiba Corp., U.S. Bankruptcy Court, U.S. Department of Energy, United States Enrichment Corp., uranium enrichment, USEC Inc.

Search Oak Ridge Today

Classifieds

Public Notice: NNSA announces no significant impact of Y-12 Development Organization operations at Horizon Center

AVAILABILITY OF THE FINAL ENVIRONMENTAL ASSESSMENT FOR THE OFFSITE HOUSING OF THE Y-12 DEVELOPMENT … [Read More...]

ADFAC seeks contractors for five homes

Aid to Distressed Families of Appalachian Counties (ADFAC) is a non-profit community based agency, … [Read More...]

Public notice: Draft environmental assessment for Y-12 Development Organization at Horizon Center

AVAILABILITY OF THE DRAFT ENVIRONMENTAL ASSESSMENT FOR THE OFFSITE HOUSING OF THE Y-12 DEVELOPMENT … [Read More...]

Recent Posts

  • Y-12 celebrates new fire station, emergency operations center
  • One person seriously injured in Wednesday crash
  • Oak Ridge EM prepared for cold weather to prevent failures
  • Covenant Health donating land for Roane State health science center
  • School board approves aviation career path
  • Wildcats name new football coach
  • Free dental, vision, medical services in February
  • Junior Playhouse performs ‘Gingerbread: Hansel & Gretel’ in February
  • Extreme Classroom Makeover applications due Jan. 31
  • Obituaries: Jan. 20-Jan. 22, 2023
A Twitter List by OakRidgeToday

Recent Comments

  • John Huotari on Power to TRISO at Horizon could cost $13 million
  • John Huotari on Lawsuit seeks 2020 election audit, voting machine restriction
  • Peter Scheffler on Lawsuit seeks 2020 election audit, voting machine restriction
  • Peter Scheffler on Power to TRISO at Horizon could cost $13 million
  • Matt Bailey on Dodson also wants to serve as mayor pro tem
  • Mark Caldwell on Dodson also wants to serve as mayor pro tem
  • Matt Bailey on Dodson also wants to serve as mayor pro tem
  • Mark Caldwell on Dodson also wants to serve as mayor pro tem
  • Matt Bailey on Dodson also wants to serve as mayor pro tem
  • Tracy Powers on Planning Commission to consider Main Street apartments, plan revisions

About Us

About Oak Ridge Today
What We Cover

How To

Advertise
Subscribe

Contact Us

Contact Oak Ridge Today

Copyright © 2023 Oak Ridge Today