Centrus Energy Corp.
Centrus Energy Announces Major Expansion Plans in Ohio
Summary
On September 25, 2025, Centrus Energy Corp. announced plans to expand its uranium enrichment plant in Piketon, Ohio, potentially creating 1,327 new jobs and representing a multi-billion-dollar investment. The expansion's size and scope depend on federal funding decisions by the U.S. Department of Energy, which is evaluating proposals for expanding domestic production of low enriched uranium and high-assay, low-enriched uranium.
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About Centrus Energy Corp.
Centrus Energy Corp. is a diversified energy company focusing on the supply of nuclear fuel and services for the global nuclear power industry. The primary function of the company is to provide enriched uranium, a critical component in the production of nuclear energy. Centrus Energy plays a significant role in the nuclear fuel cycle, participating in activities that range from uranium enrichment to nuclear fuel sales. This firm is vital to the power generation sector, particularly in regions where nuclear power is a significant energy source. With its versatile offerings, Centrus Energy engages with both domestic and international markets, reflecting its strategic importance in maintaining the reliability and efficiency of nuclear energy production. Its operations ensure the availability of supply chains for nuclear power plants, contributing to energy security and environmentally sustainable energy solutions. Headquartered in Bethesda, Maryland, Centrus continues to support the transition towards cleaner energy alternatives and remains a key player in the evolving landscape of global energy production.
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