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Centrus Spent $116 Million on a Supplier With Oil and Gas Customers. Here's the Nuclear Reason Why.

Source: fool.com

M&A & RestructuringEnergy Markets & PricesTrade Policy & Supply ChainCompany Fundamentals
Centrus Spent $116 Million on a Supplier With Oil and Gas Customers. Here's the Nuclear Reason Why.

Centrus is positioning itself as a key U.S. nuclear fuel supplier amid restrictions on Russian uranium imports. Its $116 million acquisition of Westerman brings nuclear manufacturing capabilities in-house, which the article says will reduce supply-chain risks and production costs.

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