BWXT Announces Expansion of Cambridge Manufacturing Plant to Support Global Nuclear Power Market - Seite 2

Ken Hartwick, president and CEO of Ontario Power Generation (OPG), said, “As we refurbish our existing nuclear facilities and build new, OPG is also generating jobs and economic activity in Ontario’s robust nuclear supply chain. BWXT’s planned expansion is a great example of how building out a system to meet Ontario’s increasing clean energy needs is also paying dividends for our province’s economy.”

Recent announcements by provincial governments to increase emissions-free power generation have reinvigorated the nuclear industry in Canada. Within the last year, the Government of Ontario has announced support for building a total of four small modular reactors (SMRs) for Ontario Power Generation’s (OPG) Darlington New Nuclear Project; refurbishing OPG Pickering Nuclear Generating Station; and initiating pre-development work for siting up to 4,800 MWs of new nuclear power generation at Bruce Power.

Premier of Ontario Doug Ford said, “We’re thrilled to see BWXT expand its footprint and create hundreds of new jobs in Cambridge. As our province continues to lead the future of nuclear energy, the company’s investment will help provide Ontario families and businesses with access to clean, reliable and affordable electricity for generations to come.”

Todd Smith, Ontario Minister of Energy, said, “With shovels in the ground today on new nuclear generation, including the first small modular reactor in the G7, I’m so pleased to see global nuclear manufacturers like BWXT expanding their operations in Cambridge and hiring more Ontario workers. The benefits of Ontario’s nuclear industry reach far beyond the stations at Darlington, Pickering and Bruce, and this $80 million investment shows how all communities can help meet Ontario’s growing demand for clean energy, while also securing local investments and creating even more good-paying jobs.”

BWXT is currently supporting nuclear plant life extension projects at OPG and Bruce Power. In 2023, BWXT was awarded the engineering contract for the BWRX-300 reactor pressure vessel for the OPG Darlington New Nuclear Project. As well, BWXT was awarded an engineering contract from TerraPower for the Natrium Demonstration Project underway in Kemmerer, Wyoming.

Rex Geveden, president and Chief Executive Officer, BWXT, stated, “There is a sharp increase in government interest and funding for nuclear power, globally. BWXT is committed to bringing safe, clean and reliable electricity to businesses and communities, and this expansion will help us deliver on our commitment.”