Piketon RD&D project at Piketon to receive $150 million


Piketon RD&D project at Piketon to receive $150 million

Portsmouth Daily Times – According to U.S. Senators Sherrod Brown (D-OH) and Rob Portman (R-OH), a manager’s amendment to the transportation bill that passed on Tuesday includes language to provide the Department of Energy (DOE) the authority to transfer up to $150 million in existing funds to further the development of the American Centrifuge RD&D Research Development and Demonstration) program at Piketon.

Brown, who has recently worked with Senate Leadership to Include that $150 Million in Senate-Passed Bill, said research and development funding should keep Ohioans at work, strengthen the American Centrifuge Plant’s commercialization abilities, and protect U.S. national security

Brown said the vote secured resources for ACP in the Senate’s Moving Ahead for Progress in the 21st Century Act. Brown said the funds will help ensure that the ACP is in the strongest position possible to receive a loan guarantee from the Department of Energy (DOE), which would help create 4,000 construction and 400 permanent jobs in southern Ohio.

“The ACP isn’t just an important job creator in southern Ohio, it’s also a critical component of our national security,” Brown said. “That’s why we see bipartisan support in the Senate for continued research and development. The ACP is too important to terminate. I will continue working to keep these jobs in Piketon and ensure that our nation is secure.”

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