Pictured from L to R: Cong. Chuck Fleischmann; Sen. Ken Yager; Gov. Bill Lee; Orano USA CEO & President Jean-Luc Palayer; U.S. Sen. Marsha Blackburn; TNECD Commissioner Stuart C. McWhorter, Oak Ridge Mayor Warren L. Gooch
Oak Ridge selected as the preferred site for a new enrichment facility, company’s multi-billion-dollar project represents single largest investment in Tennessee history
Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Stuart C. McWhorter and Orano USA officials announced the company has selected Oak Ridge, Tennessee, as the preferred site to construct a new, multi-billion-dollar, state-of-the-art centrifuge uranium enrichment facility.
The uranium enrichment center will be a multi-structure commercial production site covering approximately 750,000 square feet, making it one of the largest in North America. Facility operations will create more than 300 new direct jobs in Roane County.
With U.S. headquarters in Bethesda, Maryland, and global headquarters in Paris, France, Orano is a leading technology and services provider for the commercial and federal nuclear industries. The company specializes in uranium mining/conversion/enrichment, used nuclear fuel management and recycling, decommissioning shutdown nuclear energy facilities, federal site clean-up and closure and developing nuclear medicines to fight cancer.
Orano will be the second company to locate in Tennessee utilizing the Nuclear Energy Fund, which assists nuclear energy-related businesses choosing to relocate or grow in the Volunteer State and supports the state’s universities and research institutions in further developing their nuclear education programs.
The $50 million fund was in Gov. Lee’s recommended 2023-2024 budget and approved by the Tennessee General Assembly. An additional $10 million was allocated and approved in the state’s budget during the 2024 legislative session.
The project announced today was vetted and recommended by the Education and Workforce subgroup, part of the 22-member Tennessee Nuclear Energy Advisory Council.
Quotes
“Our administration created the Nuclear Energy Fund in partnership with the Tennessee General Assembly to support and expand the state’s nuclear ecosystem, and in the last six months, we’ve announced four projects that will further strengthen Tennessee’s position as a leader in safe, clean and reliable energy for the future. Tennessee is the number one state for nuclear energy companies to invest and thrive, and we are proud to partner with Orano to lead America’s energy independence and drive continued economic growth and greater opportunity for Tennesseans.” – Gov. Bill Lee
“Today we are announcing a significant milestone for the future of reliable and clean energy in our state thanks to Orano’s selection of Oak Ridge as the preferred site to locate one of North America’s largest uranium enrichment centers. With assets like Oak Ridge National Laboratory and the city’s rich history in the nuclear industry, Oak Ridge is primed to support Orano’s efforts, and we look forward to the future opportunities this partnership will create for both Orano and Tennessee. A special thank you to Congressman Chuck Fleischmann for his leadership and support of this project throughout this recruitment process.” – TNECD Commissioner Stuart C. McWhorter
“We are very pleased to make this announcement with the great state of Tennessee. The warm welcome, responsive engagement and established nuclear energy community in Oak Ridge, as well as access to continuous and stable power, have been key factors for this site selection. We’re already preparing for our next required steps, including securing available Federal support and customer commitments, obtaining an NRC license and Orano’s Board approval, but today we celebrate this major milestone towards bringing a new enrichment facility online to help meet our country’s need for an increased, secure domestic nuclear fuel supply.” – Jean-Luc Palayer, CEO and President, Orano USA
“We are thrilled to welcome Orano to Roane County, the nation’s most nuclear-friendly community. Orano’s decision to locate in Oak Ridge represents a historic milestone: the first instance in global history where a community has transitioned from uranium enrichment during the Manhattan Project, through environmental cleanup and reindustrialization, back to enrichment. Roane County, together with our regional partners, stand ready to support Orano’s enrichment endeavors, and we celebrate this remarkable achievement with them today.” – Roane County Executive Wade Creswell
“Since the days of the Manhattan Project, Oak Ridge has played a vital role in advancing nuclear innovation and supporting the nuclear industry in the U.S. and the world. As we welcome Orano to Oak Ridge, we understand our new role in contributing toward a carbon-free, energy future. This goal cannot be accomplished without uranium enrichment, and Orano has proven itself to be a world leader in the industry. Orano will help us build out the supply chain for additional industries while creating good paying jobs for Oak Ridgers.” – Oak Ridge Mayor Warren L. Gooch
“TVA believes nuclear energy must be a part of our regional and national drive toward a clean energy future – and the state of Tennessee is leading the way. East Tennessee’s status as a nuclear technologies incubator is made possible through partnerships between TVA, the Department of Energy, state and local economic development agencies, elected officials and innovative companies like Orano. Working together, we will advance nuclear technologies that are crucial to supporting not only energy security, but also national security.” – TVA President and CEO Jeff Lyash
About the Tennessee Department of Economic and Community Development
The Tennessee Department of Economic and Community Development’s mission is to develop strategies that help make Tennessee the No. 1 location in the Southeast for high quality jobs. To grow and strengthen Tennessee, the department seeks to attract new corporate investment to the state and works with Tennessee companies to facilitate expansion and economic growth. Find us on the web: tnecd.com. Follow on Twitter, Instagram and LinkedIn. Like on Facebook. Subscribe to YouTube.
TNECD Media Contact
Lindsey Tipton
Director of Communications
(615) 339-6608
Lindsey.Tipton@tn.gov
