NAC News
January 12, 2016
NORCROSS, Ga. – NAC International Inc. (NAC) announced that it has entered into a contract with China National Nuclear Corporation Everclean Co., LTD (CNNC-E) and China Nuclear Energy Industry Corporation (CNEIC) for supply of NAC pressurized water reactor high burnup spent fuel transport casks and associated equipment. Under the contract, NAC will supply four (4) new NAC-STC transportation casks and related ancillary equipment. This contract award concludes a highly competitive procurement by CNNC-E/CNEIC to expand CNNC-E’s transportation cask fleet with proven technologies that can support future large scale spent fuel transport in China, while accommodating modern spent fuel generated by Chinese commercial power reactors. In particular, the scope of the contract includes NAC design, engineering, licensing and fabrication of the NAC-STC transportation casks optimized to transport high burnup fuels with higher initial enrichment and shorter cooling times. These new systems will support CNNC-E’s spent fuel transportation campaigns from the Daya Bay nuclear station, located near Shenzhen, Guangdong Province. CNNC-E is also planning to use these packages for potential future shipments from other Chinese commercial power reactors.
November 13, 2015
NORCROSS, Ga. — NAC International Inc. (NAC) is pleased to announce the successful first-time deployment of its NAC-MPC technology for the dry storage of vitrified high level waste (HLW) at a U.S. Department of Energy nuclear decommissioning project. This first-of-its-kind accomplishment was achieved on November 10th, with the emplacement of one NAC-MPC system containing five (5) HLW canisters into a newly built onsite dry storage facility at the West Valley Demonstration Project (WVDP) in West Valley, New York.
October 26, 2015
Doosan and NAC are pleased to announce the signing of a cooperation agreement for the joint development of CASK, a spent nuclear fuel storage system. CASK is a special container standing some 5 meters tall and weighing over 100 tons that is designed to carry and store spent fuel. The storage system requires a special design and production technology for transportation and storage, and will be built to ensure protections from the intense levels of radiation and heat from the enclosed spent fuel.
June 5, 2015
Effective, Thursday, June 4, 2015, Keith Brookshire joined NAC as Vice President, Finance & Administration. In Mr. Brookshire’s new role, he will serve as Treasurer and a key member of the executive management team, reporting to NAC President and CEO, Kent Cole. Mr. Brookshire will be responsible for the overall management of the financial and administrative related activities of the Company.
May 21, 2015
CHARLOTTE, N.C. – AREVA Inc and NAC International (NAC), two global leaders in used nuclear fuel storage, have signed an agreement to jointly support the licensing, design, construction and operation of the Consolidated Interim Storage Facility (CISF) project in Andrews County, Texas, led by Waste Control Specialists, LLC (WCS).
March 24, 2014
NORCROSS, Georgia – NAC International Inc. (NAC) is pleased to announce that the United States Patent Office has awarded Patent No. US 8,630,384B2 to NAC for the protection of its proprietary MAGNASTOR®/MAGNATRAN™ storage and transport technology for management of spent nuclear fuel.
February 12, 2014
NORCROSS, Ga. – NAC International Inc. (NAC) is pleased to announce the award of a full scope contract by Dominion Energy Kewaunee, Inc. (Dominion) for the supply of NAC’s innovative and successfully deployed ultra-high capacity MAGNASTOR® System for transportable dry used fuel storage at the Kewaunee Power Station in Wisconsin. Under the contract, NAC will provide licensing, hardware, dry storage facility design and construction, and fuel loading operations for the Kewaunee project.
March 13, 2013
NORCROSS, Ga. – On January 24, 2013, USEC Inc. (NYSE:USU), a leading supplier of enriched uranium fuel, announced that on January 23, 2013 it had entered into a stock purchase agreement to sell NAC International Inc. (“NAC”) to Hitz Holdings U.S.A. Inc. (“HHU”), a wholly-owned subsidiary of Hitachi Zosen Corporation (“Hitz”) for approximately $42.4 million (the purchase price of $45 million less a working capital adjustment of approximately $2.6 million) in cash following a competitive sale process. NAC and Hitz are pleased to announce that this transaction closed today.
January 24, 2013
BETHESDA, Md. – USEC Inc. (NYSE:USU), a leading supplier of enriched uranium fuel, announced today that it has entered into a stock purchase agreement to sell NAC International Inc. to Hitz Holdings U.S.A. Inc., a subsidiary of Hitachi Zosen Corporation, for $45 million in cash following a competitive sale process.
August 3, 2012
NORCROSS, Ga. — NAC International Inc. (NAC) announced today that it has been awarded a contract by CH2M HILL B&W West Valley, LLC for the supply of transportable NAC-MPC dry storage systems for high level waste for the West Valley Demonstration Project located in West Valley, New York. CH2M HILL B&W West Valley is the U.S. Department of Energy’s prime contractor performing the West Valley Demonstration Project Phase I Decommissioning Project. The scope of the agreement includes design, engineering, licensing and fabrication of NAC-MPC storage units, which will provide safe and secure transportable storage for 275 high level waste canisters and other materials that must be relocated from current facilities in order to permit the project to proceed on schedule.
