Nuclear, Reactors

GE Nuclear breaks ground on new technology center

17 May 2006 — GE Energy’s nuclear business formally began construction Tuesday on a two-story, 40,000-square-foot advanced reactor technology center at its Wilmington, North Carolina headquarters.

Upon completion, the building will house more than 200 engineers, project managers and support staff dedicated to advanced reactor technology.

The new building is one of several ongoing projects at the new GE nuclear headquarters. In September of 2005, GE and North Carolina Governor Mike Easley announced the expansion plans that includes an overall investment of $77 million in the GE Wilmington site. The advanced reactor center is to be completed in November 2006.

GE Infrastructure President and CEO David Calhoun, GE Energy President and CEO John Krenicki, and Andy White, President and CEO of GE Energy’s nuclear business, were among those on hand for the building’s groundbreaking ceremony.
GE’s executives cited the project’s importance to the continued growth of the nuclear business, on domestic and international fronts.

While no U.S. utilities have decided to formally place what would be the first reactor orders in 25 years, several could submit applications for federal construction and operating licenses in 2007 or 2008. If approved, construction could begin by 2010 or 2011.