The Paducah Gaseous Diffusion Plant agreed to a power contract with Tennessee Valley Authority through September. United States Enrichment Corporation spokesman Paul Jacobson says the contract extension will allow them to operate safely, even if they aren’t enriching uranium at the plant.
The company that operates the Paducah Gaseous Diffusion plant says it's cutting spending and implementing layoffs at two of its locations around the country.
The United States Enrichment Corporation's headquarters in Bethesda, MD is freezing salaries, hiring, as well as undergoing a 10% staff reduction. Spokesman Paul Jacobson says these changes are a result of shifts in the national and global market.