Electrical Engineer 2

Westinghouse Announces Landmark Expansion in South Carolina to Advance Next-Generation Nuclear Fuel Approximately $1 billion Investment to Boost LEU+ Fuel Production Richland County, S.C., October 21, 2026 - Westinghouse Electric Company today announced an approximately $1 billion investment to construct one of the most advanced nuclear fuel factories in the United States at its Columbia Fuel Fabrication Facility in Hopkins, S.C. This plant, which is the first fleet-scale nuclear fuel factory built in the United States in more than 50 years, is expected to lead the way in commercial scale Low Enriched Uranium Plus (LEU+) fuel production. Construction on the new LEU+ Fuel factory is underway and on track to begin operations in 2030. LEU+ Fuel manufacturing at Columbia is expected to enable the effective long-term operation of today's nuclear fleet and support the industrialization of AP1000(R) reactors worldwide. Aligned with the United States' UPRISE program, LEU+ Fuel is expected to unlock advanced operating plant uprates that would provide near-term expansion of nuclear power output nationwide to meet the growing demand for baseload nuclear power. LEU+ Fuel, which has a higher level of uranium enrichment (5% to 8%), also offers the flexibility to extend operating cycles, helping nuclear power plant operators lower operating costs and deliver greater value to their customers. In 2025, the first successful deployment of LEU+ Fuel in the United States marked a major milestone. The new Columbia factory builds on this delivery, creating a turning point with the potential to bring this super-efficient fuel industrywide. "South Carolina is already leading America's nuclear renaissance, and our state has been producing the nuclear fuel that powers approximately 10% of the United States from Westinghouse's fuel operations in Richland County," said South Carolina Governor Henry McMaster. "We are grateful for Westinghouse's continued leadership in South Carolina, and we look forward to it expanding its work in our state to create next-generation fuel products that will continue to support nuclear energy production well into the future." "I welcome Westinghouse's $1 billion investment in South Carolina because it underscores their faith in our state. Once again, the South Carolina workforce has proven itself to be the gold standard. Not only does this $1 billion mean more affordable power for South Carolinians and people across America, but it will also bring good-paying jobs to the Palmetto State. As a national leader in nuclear energy production, South Carolina will continue to be well-positioned to lead the next generation of American energy innovation and dominance," said Senator Darline Graham. "This investment is a testament to our state's skilled workforce and the important role we play in strengthening America's clean energy," said Congressman James E. Clyburn. "By expanding our domestic nuclear fuel production capabilities, we are creating economic opportunities, supporting good-paying jobs and positioning South Carolina as a leader in the nation's energy sector." "A strong American nuclear industry starts with a secure, domestic supply of nuclear fuel," said Assistant Secretary for Nuclear Energy Ted Garrish. "The Department of Energy is investing billions to restore American uranium enrichment capabilities for both low-enriched uranium and high-assay low-enriched uranium. Westinghouse's nearly $1 billion investment in South Carolina builds on that effort by expanding the manufacturing capacity needed to turn enriched uranium into fuel that powers our existing reactors and supports the next generation of nuclear technology." "Richland County has spent years laying the groundwork for investments like this one, and we're grateful to Westinghouse for this historic expansion," said Richland County Council Chairwoman and Columbia Area Development Partnership Co-Chair Jesica Mackey. "Beyond the significant investment that will strengthen our schools and local infrastructure, this new facility will move Lower Richland forward as one of the world's leading providers of clean energy. Our workforce has supported this facility for generations, and this expansion ensures that we'll continue to see high-paying jobs and economic stability for years to come." "Westinghouse has been a leader in the nuclear industry for 90 years and continues innovating the next frontier in nuclear technology," said Dan Sumner, President and Chief Executive Officer of Westinghouse. "As we advance the next generation of fuel, we are positioned to create more value for our customers and unlock new nuclear generation to support the growing demand for baseload power. The Columbia LEU+ Fuel factory is our largest single manufacturing investment to support the operating fleet and marks a transformative milestone for our company and the industry. By scaling our LEU+ Fuel manufacturing capabilities, we reinforce our commitment to support our customers in producing more nuclear power while creating new opportunities in South Carolina. We are grateful for DOE's tax credit program and to the state and Richland County governments for their invaluable support, which were key to reaching this historic achievement." The Columbia Fuel Fabrication Facility, built in 1968, is one of the largest nuclear fuel plants in the world, producing fuel pellets, fuel rods, fuel assemblies and fuel components to support other Westinghouse plants and a global base of customers. The Columbia Fuel Fabrication Facility employs over 1,200 people in Lower Richland, providing well-paid jobs for people with diverse skills and educational backgrounds. This investment of approximately $1 billion is projected to contribute $4.9 billion in positive economic impact across South Carolina over the next 10 years, including approximately $3.8 billion in Richland County through construction, new equipment and the creation of additional jobs, workforce development and career growth opportunities throughout the Columbia region, according to an economic impact study commissioned by Westinghouse in partnership with researchers at the University of South Carolina's Darla Moore School of Business. As construction progresses on the new LEU+ Fuel building, Westinghouse remains committed to environmental stewardship through responsible site development and preservation of native landscapes that support wildlife habitat and healthy air and water resources. View its LEU+ Fuel Expansion Media Kit for additional resources.

Cameco's second-quarter 2026 mining results were solid, but headline profit was weak: net earnings were C$25 million, with adjusted net earnings of C$77 million. The uranium producer, which co-owns reactor maker Westinghouse with Brookfield Renewable Partners, still trades at a forward P/E of 84.76, against 12.36 for the sector. Westinghouse has confidentially filed a draft registration statement with the SEC for a proposed IPO. Share count and price range are not set. Cameco's share of Westinghouse swung to a C$10 million net loss, from C$126 million in earnings a year earlier. Uranium adjusted EBITDA reached C$676 million in the first half, up from C$641 million. Production guidance of 19.5 million to 21.5 million pounds is unchanged. Cameco holds C$1.1 billion in cash against C$1.0 billion in debt.

Willkie recruits senior Westinghouse and JPMorgan lawyers. Nuclear-energy and litigation hires bolster the firm's Washington and Chicago offices. Willkie Farr & Gallagher has recruited senior in-house lawyers from Westinghouse Electric Company and JPMorganChase, adding nuclear-energy expertise in Washington, DC, and litigation and investigations experience in Chicago. Raphael (Ray) Kuyler joins as a partner in Washington after more than a decade at Westinghouse, most recently as principal deputy general counsel. In Chicago, former federal prosecutor Kruti Trivedi joins the litigation department as a partner, bringing more than 20 years of combined government and in-house experience. Nuclear energy. At Westinghouse, Kuyler was the nuclear power provider's primary adviser on nuclear regulatory legal matters worldwide. He led international commercial contract negotiations for major reactor projects in the US, Europe and elsewhere, and managed commercial claims and disputes. His responsibilities also covered nuclear liability, government contracts, trade compliance, environmental law, health and safety, ethics and employment law. Eric Pogue, Willkie's global chair of power and renewable energy, said in a statement: "As global demand for reliable, low-carbon baseload power accelerates, Ray's deep industry relationships and strategic counsel will be invaluable." Pogue added: "His addition significantly enhances our capabilities to support clients across our US and European energy infrastructure practices." Before joining Westinghouse, Kuyler spent more than a decade with Morgan, Lewis & Bockius. He also served as a nuclear-trained surface warfare officer in the US Navy. He serves on the Nuclear Energy Institute Legal Advisory Committee Steering Group and is active in the International Nuclear Law Association. Explaining his return to private practice, Kuyler said: "Willkie provides an ideal platform to help clients navigate the complex legal and regulatory landscape of nuclear development, from operating reactors to advanced next-generation technologies." Litigation and investigations. Trivedi joins from JPMorganChase, where she led and supervised litigation, investigations, regulatory matters and crises. Previously, she was an assistant US attorney in the Criminal Division for the Northern District of Illinois in Chicago. Craig Martin, Willkie's chairman for the Americas, said her corporate experience would help the firm work more effectively with clients' legal departments. "Having served as a trusted adviser managing high stakes matters and crises from inside a Fortune 20 company, she knows how corporate legal departments and law firms can best work as one integrated team to provide practical, strategic and responsive advice," he said. Martin added that Trivedi's prosecutorial background would strengthen the firm's trial, investigations and white-collar capabilities in Chicago and across the firm. Trivedi pointed to the value of having worked on the client side, saying: "Having spent years on the client side, I know how much it matters to have outside counsel who have a deep understanding of not just the law, but also the business and the stakes."