NYSE:LEUOil and Gas
Centrus Energy (LEU) Is Down 5.3% After Tennessee Approves Major Oak Ridge Manufacturing Expansion
On January 24, 2026, Tennessee officials announced a major expansion involving Centrus Energy’s Oak Ridge site, converting it into a high‑rate manufacturing plant backed by more than US$560 million of planned investment and nearly 430 new jobs in Anderson County over the coming years.
This move positions Oak Ridge as a key production hub for centrifuges that Centrus plans to deploy at its Ohio enrichment operations starting in 2029, underscoring the company’s growing role in the U.S. nuclear...