7/102 sources · 2 publishersUpdated Nov 7, 08:07 UTC
BWXT announces $714.5 M Jonesborough expansion to produce high‑purity depleted uranium
BWXT will expand its Jonesborough, Tennessee facility, creating 181 new jobs and investing $714.5 million. The project will manufacture high‑purity depleted uranium for the U.S. Department of Energy’s National Nuclear Security Administration. It is funded by a $1.6 billion ten‑year contract awarded in September 2025 and a $50 million state economic‑development grant.
Why it matters
The expansion adds capacity for a critical national‑security material, which could lift BWXT’s future revenue streams. The $50 million state grant and the $1.6 billion DOE contract underscore strong government demand for BWXT’s nuclear services.
Key facts
- 1BWXT will create 181 new jobs at the Jonesborough site. tnecd.com
- 2The company will invest $714.5 million in the expansion. tnecd.com
- 3A 10‑year contract valued at $1.6 billion was awarded by the NNSA in September 2025 to build an HPDU plant at Jonesborough. tnecd.com
- 4The project is supported by a $50 million economic‑development grant from the Tennessee Department of Economic and Community Development. tnecd.com
- 5The expansion will produce High Purity Depleted Uranium metal for the DOE’s National Nuclear Security Administration. tnecd.com
- 6The $50 million grant is part of a $95 million Nuclear Energy Fund allocated by the state since its inception. tnecd.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.