Centrus Acquires Westerman Holdings, LLC, Bringing a Key Supplier In-House and Diversifying Its Manu

[Marlin]

Centrus Acquires Westerman Holdings, LLC, Bringing a Key Supplier In-House and Diversifying Its Manufacturing Capacity

https://www.prnewswire.com/news-releases/centrus-acquires-westerman-holdings-llc-bringing-a-key-supplier-in-house-and-diversifying-its-manufacturing-capacity-302912534.html

[Core Content]

Centrus Energy has acquired Westerman Holdings, a longtime manufacturer of centrifuge casings and uranium hexafluoride cylinders. The purchase brings critical supply chain operations in-house while adding non-nuclear industrial manufacturing work to the company portfolio.

Securing this manufacturing capacity supports ongoing efforts to expand domestic uranium enrichment operations. The acquisition protects the production pipeline for advanced centrifuge components and diversifies revenue streams across multiple industrial sectors.

/PRNewswire/ -- Centrus Energy Corp. (NYSE: LEU) ("Centrus"), a trusted supplier of nuclear fuel and services, today announced that it has acquired Westerman...

Secures a key centrifuge component supplier and best-in-class manufacturer with an existing and growing business

Diversifies revenue base by expanding Centrus' addressable market with significant adjacent, non-nuclear manufacturing work

Drives continued growth for both organizations through commercial and operational synergies and cost savings

Read the full article at prnewswire.com:
https://www.prnewswire.com/news-releases/centrus-acquires-westerman-holdings-llc-bringing-a-key-supplier-in-house-and-diversifying-its-manufacturing-capacity-302912534.html