Oak Ridge Today

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

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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…]

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

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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…]

Federal contractors, agencies consider shutdowns, furloughs as funding dispute drags on

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Joe L. Evins Federal Building

The U.S. Department of Energy will soon start shutting down nonessential operations, resulting in employee and contractor furloughs, unless Congress passes a spending bill. Pictured above is DOE’s Oak Ridge Office at the Joe L. Evins Federal Building.

Furloughs possible at DOE, UCOR, other federal contractors; some SAIC employees on leave

The government shutdown is now in its second week, and the U.S. Department of Energy could start shutting down nonessential operations soon—resulting in employee and contractor furloughs—unless Congress quickly approves a spending bill, officials said Tuesday.

Federal contractors with operations in Oak Ridge are also considering possible shutdowns and furloughs because congressional Democrats and Republicans have failed to reach an agreement on a spending bill to keep the government operating in the fiscal year that began Oct. 1.

In a Tuesday message to employees, UCOR President Leo Sain said the company, the government’s cleanup contractor in Oak Ridge, has not been told to shut down yet. [Read more…]