AREVA’s U.S. Technical Center Slated for Expansion in Lynchburg, Va.
May 10, 2012
Development Grants to Support the Project Awarded by the Virginia Tobacco Commission in Cooperation with Campbell County
LYNCHBURG, Va., May 10, 2012 – AREVA welcomes an announcement by the Virginia Tobacco Commission and Campbell County, Va. of two grants to aid the continued development and construction of the U.S. Technical Center in Lynchburg, Va. AREVA’s investment in the facility and commitment in creating additional jobs was a key component to receiving the grants.
AREVA has broken ground on a new, state-of-the-art technology center which will expand AREVA’s world-wide testing capabilities and allow easier access for U.S.-based utilities. The center will include seismic testing capability, as well as environmental chambers to test product resilience in harsh conditions and various metallurgical and chemical laboratories for materials and component testing.
“AREVA will be at the forefront of analyzing and addressing critical technical and safety-related solutions so that our customers can continue to operate their plants efficiently and safely for the near term and over an extended life,” said Michael Rencheck, CEO, AREVA Inc. “We are very excited to accept the grant to partner in developing the U.S. Technical Center. This project is a demonstration of our commitment to the Lynchburg area.”
This new center will add up to $7 million in procurement and building modifications through 2015 in the Lynchburg area and will lead to the creation of additional technical jobs by 2013. The expansion required for the development of the U.S. Technical Center, headquartered at AREVA’s Mount Athos Road site, began in mid-February. The seismic testing facility will be completed this summer, with a ribbon-cutting ceremony planned for September.
“Campbell County is extremely pleased with AREVA’s decision to move forward with their U.S. Technical Center at their Campbell County, Mt. Athos Facility,” stated Eddie Gunter Jr., Board of Supervisors member representing the Concord election district. “The creation and retention of jobs is great news. We’re happy to assist the project and look forward to a long relationship.”
The Tobacco Indemnification and Community Revitalization Commission is a 31-member body created by the 1999 General Assembly to promote economic growth and development in tobacco-dependent communities, using proceeds of the national tobacco settlement. To date, the Commission has awarded 1,509 grants totaling more than $874 million across the tobacco region of the Commonwealth, and has made available nearly $299 million in indemnification payments to tobacco growers and quota holders. For information on the Commission’s history, mission, funding programs and recent grant awards, visit www.tic.virginia.gov or call toll free (877) 807-1086.