Centrus Energy Corp. announced on April 20 2026 that it has selected Geiger Brothers, Inc. to perform on‑site construction for its multi‑billion‑dollar expansion of uranium enrichment capacity at the Piketon, Ohio facility. The contract, signed on April 16 2026, is capped at $900 million through January 30 2031 and is part of a broader project that will add thousands of AC100M centrifuges to the plant.
Geiger Brothers, a 100‑year‑old Ohio‑based construction firm founded in 1909, will execute the physical build while Fluor Corporation remains the engineering, procurement and construction (EPC) lead, managing design, supply‑chain logistics and overall project oversight. The partnership is intended to reduce unit costs and accelerate the project schedule by leveraging Geiger’s local expertise and Fluor’s global EPC experience.
The expansion is designed to boost Centrus’s low‑enriched uranium (LEU) and high‑assay, low‑enriched uranium (HALEU) output. Centrus’s commercial backlog stands at $2.3 billion, extending to 2040, and the new centrifuges are expected to come online at the Piketon plant in 2029 after manufacturing began in December 2025. The project positions the company to meet rising domestic demand for enriched uranium amid ongoing Russian supply restrictions and supports U.S. energy and national‑security objectives.
Amir Vexler, Centrus President and CEO, said, "Geiger Brothers brings more than a century of experience and a strong Ohio workforce to our project. Their deep expertise in complex industrial construction, including work across the energy and nuclear sectors, makes them an ideal partner as we scale up production capacity. This partnership is another example of our commitment to bring in lead times and reduce unit costs for our project. With Fluor's global EPC leadership and Geiger's local capabilities, we are assembling a best‑class team to deliver this expansion safely, efficiently, and on schedule."
Erik Massie, President and Chief Financial Officer of Geiger Brothers, added, "We are proud to support this historic investment in America's nuclear fuel supply chain."
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