USEC may furlough some employees if shutdown extends beyond Oct. 15


Oct 2 (Reuters) - USEC Inc may have to furlough someemployees at its American Centrifuge uranium enrichment projectin Ohio if the U.S. government shutdown extends beyond Oct. 15,a company spokesman said.

USEC, a supplier of enriched uranium for commercial nuclearpower plants, needs about $48 million to complete the$350-million project, which is majority funded by the U.S.Department of Energy.

"The money that would allow us to carry on for the next twoweeks is the fiscal year 2013 funds that we have been able tocarry over," Paul Jacobson, vice-president of corporatecommunications, told Reuters.

Congressional Republicans and the White House are in astalemate over government funding, which has forced the firstgovernment shutdown in 17 years.

View Comments (0)