Friday, May 19, 2006

GE Nuclear Breaks Ground on New Facility in Wilmington

From the AP:

GE Energy, which moved its nuclear business from California to Wilmington three years ago, has broken ground here on a plant here that will focus on developing a new line of nuclear reactors for the international market.

The high price of oil is one trigger behind the rush to tap the fast-growing market overseas, especially in China and India, GE officials said.

Nuclear energy has a real opportunity to help the "developing world get on with its business," David Calhoun, GE infrastructure president and CEO, said during Tuesday's groundbreaking.
Congrats to our friends at GE. Click here and here for more.

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