Areva

Local News
3:34 pm
Thu March 6, 2014

President's Budget Halts Overbudget SC Nuclear Program

Early construction of the MOX facility at the Savannah River Site, in Aiken, S.C.
Credit 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.

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Local News
4:35 pm
Mon March 4, 2013

Areva To Add 130 Jobs, Make Charlotte Its North American HQ

Governor Pat McCrory, Areva CEO Michael Rencheck and Mecklenburg County Commission Chairwoman Pat Cotham celebrate Areva's decision to make Charlotte its North American Headquarters.
Credit 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.

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