nuclear

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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Business
12:57 am
Mon December 17, 2012

Charlotte Firm Takes Lead In Smaller, Factory-Built Nuclear Reactors

Babcock & Wilcox's prototype reactor lies 20 miles outside of Lynchburg, Va.
Ben Bradford/WFAE

The U.S. government and the nuclear industry are betting on new, much smaller nuclear reactors that can be mass produced in factories, and shipped around the world. 

"We are trying to jumpstart a new U.S. industry," says Assistant Secretary of Energy Pete Lyons. "That’s my goal: A U.S. industry, U.S. jobs, clean energy."

Last month the Department of Energy partnered with Charlotte-based nuclear company Babcock & Wilcox to finish development, in a deal that could total over $400 million. But critics worry that the model for the new reactor is flawed at its core.

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