Many business leaders and public officials consider it a great opportunity.

The proposed Uranium Processing Facility at the Y-12 National Security Complex could cost up to $6.5 billion and employ up to 1,500 workers during the peak construction period. It’s been called the largest federal capital project in Tennessee since the Manhattan Project, and construction could last another decade.

On Monday, Tennessee officials announced they will help companies that are already in the state and interested in working on the project, and recruit out-of-state businesses, particularly in the nuclear industry. Those new companies will be encouraged to stay in the state, said Bill Hagerty, commissioner of the Tennessee Department of Economic and Community Development. [Read more…]