Areva

Department of Energy

An agreement between the United States and Russia calls for disposal of 34 metric tons of weapons-grade plutonium from each country, enough to produce 17,000 nuclear weapons, according to the Department of Defense. But multi-billion dollar cost overruns at the South Carolina facility built for the disposal has the Obama administration seeking to put the project on hold.

Julie Rose

Nuclear company Areva is moving its North American headquarters to the University area in Charlotte, where it already has more than 500 employees. The company plans to add another 130 jobs – mostly in engineering.

Areva CEO Michael Rencheck says Charlotte won out over Bethesda, Maryland and Lynchburg, Virginia.