NAC News
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.
March 26, 2012
NORCROSS, Ga. – USEC Inc. (NYSE: USU) and its subsidiary NAC International(NAC) today praised the recommendation by the President’s Blue Ribbon Commissionfor America’s Nuclear Future (BRC) for creation of centralized interim storage of spent nuclear fuel.NAC, a global leader in spent nuclear fuel transportation and storage, participated in the commission’s review process and provided input to the final report based on the company’s years of expertise in spent fuel storage and transportation.
November 29, 2010
NORCROSS, Georgia.– NAC International Inc. (NAC) will supply its MAGNASTOR spent fuel storage system to Taiwan Power Company’s (TPC) Kuosheng Nuclear Power Station. The agreement calls for a complete dry storage project solution with 27 MAGNASTOR systems and includes engineering, licensing, hardware, ISFSI design and construction, and fuel loading operations.
November 22, 2010
NORCROSS, Ga. — NAC International (NAC) announced today that it has entered into a contract with ZionSolutions, LLC to supply 65 MAGNASTOR dry spent fuel storage systems. These systems will store the spent fuel from the shutdown two-unit Zion Nuclear Power Station facility in Zion, Illinois, allowing the final decommissioning of the Zion Station and eventual restoration of the site.
April 29, 2010
Norcross, Georgia — NAC International (NAC) announced today a new order from Arizona Public Service Company, operating agent of the Palo Verde Nuclear Generating Station (PVNGS), for twenty (20) UMS multipurpose dry spent fuel storage systems. This order will provide additional UMS spent fuel storage capacity at PVNGS while the plant transitions to the use of NAC’s latest dry storage technology, the MAGNASTOR® System. The new order will make PVNGS the first operating nuclear plant to utilize more than 100 UMS systems.
April 1, 2010
Norcross, Ga. — NAC International (NAC) today announced that Juan C. Subiry has been promoted to vice president, marketing and business development, replacing Charles W. Pennington, who has held the position for the last eight years. Subiry has been at NAC since 1998 and has served the last four years as director of technical sales and marketing. His prior NAC experience includes senior roles in both the consulting business unit and in marketing and business development. Earlier, Subiry worked at a large nuclear utility, serving in several reactor engineering and fuel supply positions of increasing responsibility.
March 10, 2010
NORCROSS, Ga. — NAC International (NAC) today announced it was awarded a contract for its advanced generation of dry, spent nuclear fuel storage technology, the MAGNASTOR® System. The order includes at least 24 MAGNASTOR systems for use by a utility that has committed to dry cask storage of spent fuel and has a number of earlier system designs already deployed at its nuclear plants.
April 1, 2008
Norcross, Georgia—Dairyland Power Cooperative (DPC) has awarded NAC International a contract for the design, licensing, and supply of dry spent fuel storage systems. These dry spent fuel storage systems will be used to store the spent fuel at DPC’s shutdown La Crosse Boiling Water Reactor facility in Genoa, Wisconsin.
