The facility, called AREVA Newport News, will be the first full-scale manufacturing facility dedicated to supply heavy components, such as reactor vessels, steam generators and pressurizers to the US nuclear energy industry, the companies say. It will leverage Northrop Grumman's nuclear shipbuilding engineering and manufacturing expertise as well as its existing transportation access via the James River to deliver heavy components.
AREVA has been manufacturing similar components at its Chalon/St. Marcel plant in France, for the last 30 years. The Newport News facility will mimic the Chalon's design, a spokesman for AREVA tells GlobeSt.com. "We believe it will enable us to build the Newport News facility more quickly and cost effectively. There are only a couple of facilities like this in the world," he says. This was one of the reasons why Northrop Grumman decided to partner with the firm, he adds.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
