USEC / USU
American Centrifuge machines operating in the Lead Cascade test program at USEC’s Piketon, Ohio, demonstration facility. (Photo: Courtesy of company.)
About USEC
6903 Rockledge Dr., Bethesda, Md. 20817
www.usec.com
| 301-564-3200
| Founded: 1998
Industry: Energy | Category: Public Companies
The supplier of enriched uranium has invested about $1.2 billion in its American Centrifuge Plant, designed to use a more environmentally friendly enrichment technology. It is still working to get a government loan guarantee and has scaled back spending to deal with the economic downturn. It is part of the Megatons to Megawatts program, under which bomb-grade uranium in Russia is turned into fuel for U.S. nuclear power plants.
Chairman: James R. Mellor
2008 Financial Data
Revenues: $1,614,600,000 | Net Income: $48,700,000Asssets: $3,055,300,000 | Earnings Per Share: $0.35
Stockholder Equity: $1,162,400,000 | Annual Dividend: $0.00
Total employees: 2,978 | Local employees: 88
