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Ohio's senators laud federal investment in research at Piketon
Project promises 1,000 jobs in southern Ohio
Story by SIMON HUSTED


 
In The Region:

The U.S. Department of Energy announced todayit is investing $88 million and becoming a formal partner in a uranium enrichment project in southern Ohio.

The deal makes the Energy Department responsible for disposing of depleted uranium at the Piketon plant. That frees up the plant’s parent company, USEC and other private-sector partners, to invest $22 million in other parts of the project.

Both of Ohio’s senators, Democrat Sherrod Brown and Republican Rob Portman, had lobbied hard for the plant, which expects to employ a thousand people in Ohio’s Appalachian region. Brown called it an important partnership.

BROWN on Piketon announcement

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“It will save tax payer dollars ultimately. It will mean the Department of Energy is involved every step of the way and it will mean that these job will be preserved and grow in southern Ohio. This is something we’ve been working on for a long, long time and it is a big deal.”

Sen. Portman says the partnership is important to meet energy and national security needs.  

 But critics contend the investment in the experimental technology amounts to a bailout for a private company that is running out of money.


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