Areva has postponed indefinitely further construction of a nuclear power reactor component manufacturing facility in Newport News, Virginia, "until market conditions become more favorable," spokesman Jarret Adams said Monday.
Areva Newport News, a joint venture of Areva NP Inc. and Northrop Grumman, is building the 330,000-square-foot facility at Northrop’s shipyard in Newport News, Virginia. When ground was broken for the facility in July 2009, the companies said manufacturing would begin (…)
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