NAC News
March 24, 2014
NORCROSS, Georgia – NAC International Inc. (NAC) is pleased to announce that the United States Patent Office has awarded Patent No. US 8,630,384B2 to NAC for the protection of its proprietary MAGNASTOR®/MAGNATRAN™ storage and transport technology for management of spent nuclear fuel.
February 12, 2014
NORCROSS, Ga. – NAC International Inc. (NAC) is pleased to announce the award of a full scope contract by Dominion Energy Kewaunee, Inc. (Dominion) for the supply of NAC’s innovative and successfully deployed ultra-high capacity MAGNASTOR® System for transportable dry used fuel storage at the Kewaunee Power Station in Wisconsin. Under the contract, NAC will provide licensing, hardware, dry storage facility design and construction, and fuel loading operations for the Kewaunee project.
March 13, 2013
NORCROSS, Ga. – On January 24, 2013, USEC Inc. (NYSE:USU), a leading supplier of enriched uranium fuel, announced that on January 23, 2013 it had entered into a stock purchase agreement to sell NAC International Inc. (“NAC”) to Hitz Holdings U.S.A. Inc. (“HHU”), a wholly-owned subsidiary of Hitachi Zosen Corporation (“Hitz”) for approximately $42.4 million (the purchase price of $45 million less a working capital adjustment of approximately $2.6 million) in cash following a competitive sale process. NAC and Hitz are pleased to announce that this transaction closed today.
January 24, 2013
BETHESDA, Md. – USEC Inc. (NYSE:USU), a leading supplier of enriched uranium fuel, announced today that it has entered into a stock purchase agreement to sell NAC International Inc. to Hitz Holdings U.S.A. Inc., a subsidiary of Hitachi Zosen Corporation, for $45 million in cash following a competitive sale process.
August 3, 2012
NORCROSS, Ga. — NAC International Inc. (NAC) announced today that it has been awarded a contract by CH2M HILL B&W West Valley, LLC for the supply of transportable NAC-MPC dry storage systems for high level waste for the West Valley Demonstration Project located in West Valley, New York. CH2M HILL B&W West Valley is the U.S. Department of Energy’s prime contractor performing the West Valley Demonstration Project Phase I Decommissioning Project. The scope of the agreement includes design, engineering, licensing and fabrication of NAC-MPC storage units, which will provide safe and secure transportable storage for 275 high level waste canisters and other materials that must be relocated from current facilities in order to permit the project to proceed on schedule.
March 26, 2012
NORCROSS, Ga. – USEC Inc. (NYSE: USU) and its subsidiary NAC International(NAC) today praised the recommendation by the President’s Blue Ribbon Commissionfor America’s Nuclear Future (BRC) for creation of centralized interim storage of spent nuclear fuel.NAC, a global leader in spent nuclear fuel transportation and storage, participated in the commission’s review process and provided input to the final report based on the company’s years of expertise in spent fuel storage and transportation.
November 29, 2010
NORCROSS, Georgia.– NAC International Inc. (NAC) will supply its MAGNASTOR spent fuel storage system to Taiwan Power Company’s (TPC) Kuosheng Nuclear Power Station. The agreement calls for a complete dry storage project solution with 27 MAGNASTOR systems and includes engineering, licensing, hardware, ISFSI design and construction, and fuel loading operations.
November 22, 2010
NORCROSS, Ga. — NAC International (NAC) announced today that it has entered into a contract with ZionSolutions, LLC to supply 65 MAGNASTOR dry spent fuel storage systems. These systems will store the spent fuel from the shutdown two-unit Zion Nuclear Power Station facility in Zion, Illinois, allowing the final decommissioning of the Zion Station and eventual restoration of the site.
April 29, 2010
Norcross, Georgia — NAC International (NAC) announced today a new order from Arizona Public Service Company, operating agent of the Palo Verde Nuclear Generating Station (PVNGS), for twenty (20) UMS multipurpose dry spent fuel storage systems. This order will provide additional UMS spent fuel storage capacity at PVNGS while the plant transitions to the use of NAC’s latest dry storage technology, the MAGNASTOR® System. The new order will make PVNGS the first operating nuclear plant to utilize more than 100 UMS systems.
April 1, 2010
Norcross, Ga. — NAC International (NAC) today announced that Juan C. Subiry has been promoted to vice president, marketing and business development, replacing Charles W. Pennington, who has held the position for the last eight years. Subiry has been at NAC since 1998 and has served the last four years as director of technical sales and marketing. His prior NAC experience includes senior roles in both the consulting business unit and in marketing and business development. Earlier, Subiry worked at a large nuclear utility, serving in several reactor engineering and fuel supply positions of increasing responsibility.
