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Opening of Newport News Plant Delayed

Maritime Activity Reports, Inc.

August 23, 2010

According to an August 19 report from www.dailypress.com, AREVA Newport News has delayed the start of manufacturing operations by at least a year due to a slower-than-expected process of federal government approval of new nuclear power plants. The yet-to-be-built facility in the north end of Northrop Grumman Corp.'s Newport News shipyard will not begin manufacturing components for nuclear power plants until at least 2013. The French nuclear company, in a partnership with Northrop Grumman Shipbuilding, had planned to begin manufacturing in the planned 330,000-square-foot building in January 2012, a project that officials said would create 540 jobs.

(Source: www.dailypress.com)

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