Centrus Partners with Fluor as EPC for Piketon Uranium Enrichment Expansion
- Centrus Energy enlists Fluor as EPC for a multi‑billion uranium enrichment expansion at Piketon, Ohio.
- Centrus Energy says expansion will address a $2.3B LEU backlog and add about 12 t/year HALEU capacity.
- Centrus Energy received a $900M DOE HALEU task order and will invest $560M to ready its centrifuge factory.
Centrus enlists Fluor as EPC for major Piketon enrichment buildout
Piketon expansion links centrifuge manufacturing to seasoned nuclear construction partner
Centrus Energy says its subsidiary American Centrifuge Operating LLC is partnering with Fluor Corp as the engineering, procurement and construction (EPC) contractor for a multi‑billion‑dollar expansion of uranium enrichment capacity at Piketon, Ohio. The deal pairs Centrus’s centrifuge manufacturing, which the company launched in December 2025, with Fluor’s decades of nuclear construction experience to accelerate large‑scale deployment, engineering and design, supply‑chain management and procurement of key materials, site construction oversight and commissioning support.
Centrus frames the agreement as a critical milestone in ramping commercial and advanced fuel production, aiming to address a roughly $2.3 billion commercial low‑enriched uranium (LEU) enrichment contingent backlog. The expansion targets large‑scale LEU production to meet growing reactor demand while adding about 12 metric tons per year of high‑assay low‑enriched uranium (HALEU) capacity to support next‑generation reactors. Centrus President and CEO Amir Vexler says the partnership helps the company "move full‑speed ahead" as it transitions from manufacturing to large‑scale deployment.
Fluor executives highlight the strategic fit, saying the firm’s construction, procurement and project management capabilities will shorten schedules and fortify domestic supply chains needed to restore U.S. enrichment capability. Centrus Senior Vice President Patrick Brown says Fluor’s experience "will empower" the Ohio program, and Fluor’s Al Collins says the collaboration "fully supports restoration of U.S. enrichment capability and national security."
DOE task order and factory investment support expansion
The Fluor agreement follows recent government and company milestones that underpin momentum for the Piketon program. In early January 2026 the U.S. Department of Energy selects Centrus for a $900 million HALEU task order, and later in the month Centrus announces it will invest more than $560 million to transition its advanced centrifuge factory, measures the company says accelerate readiness for large‑scale production.
National security role and domestic job creation
Centrus stresses its unique position as the only production‑ready option for certain national security enrichment missions, noting a National Nuclear Security Administration notification of intent to sole‑source specific activities. Company officials also underscore expected benefits to local supply chains and job creation in Ohio as construction and commissioning move forward.
Related Cashu News

Kimbell Royalty Partners LP Acquires $147 Million in Oil and Gas Interests from Mesa Royalties
Kimbell Royalty Partners LP (Ticker: UNDEFINED) announces a major acquisition that significantly enhances its position in the oil and gas mineral and royalty sector. The deal, valued at approximately…

Par Pacific Strengthens Capital Structure with $500 Million Notes Offering and Improved Financial Performance
Par Pacific Holdings, Inc. has recently strengthened its capital structure by completing a $500 million private placement of 7.375% senior unsecured notes, which are set to mature on June 1, 2034. Thi…

Genesis Energy L.P. Reports Q1 Profitability Surge with $446.56 Million in Sales
Genesis Energy L.P. (Ticker: UNDEFINED) announces its first-quarter financial results, signaling a resurgence in profitability and operational performance. The company reports total sales of $446.56 m…

Nordic American Tankers Finalizes New Leasing Contracts to Strengthen Cash Position and Dividends.
Nordic American Tankers (Ticker: NAT) has recently marked a significant milestone by finalizing multiple new vessel leasing contracts in a favorable tanker market. This strategic move is aimed at rein…