Centrus Energy (NYSE: LEU) plans $560M Tennessee expansion, 400+ jobs

Rhea-AI Filing Summary

Centrus Energy Corp. reported that it plans a major expansion of its Technology & Manufacturing Center in Oak Ridge, Tennessee, transitioning the facility into a high-rate manufacturing plant. The company plans to create over 400 new direct jobs and invest more than $560 million in Anderson County, Tennessee, over the next several years. This expansion is described in a press release dated January 23, 2026, which is attached as an exhibit to the filing.

Insights

Industrial and Capital Investment Analyst

Centrus plans a $560M Tennessee plant expansion, adding 400+ jobs.

Centrus Energy Corp. is planning to expand its Technology & Manufacturing Center in Oak Ridge, Tennessee, converting it into a high-rate manufacturing plant. The company plans to invest more than $560 million in Anderson County, Tennessee, and create over 400 new direct jobs over the next several years.

This planned investment signals a substantial build-out of manufacturing capacity, but the excerpt does not specify expected revenues, margins, or funding sources linked to the project. Without those details, it is difficult to gauge the financial return or potential strain on the balance sheet that such a large capital commitment could represent.

The timeline is described only as “over the next several years,” and no operational or financial milestones are provided in the excerpt. Subsequent company communications and future periodic reports may provide more details on project progress, capital deployment pacing, and how the expanded capacity is expected to be utilized.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

_________________

Date of Report (Date of earliest event reported): January 23, 2026

Centrus Energy Corp.

(Exact name of registrant as specified in its charter)

Delaware			1-14287			52-2107911
(State or other jurisdiction of incorporation)			(Commission File Number)			(I.R.S. Employer Identification No.)

6901 Rockledge Drive, Suite 800

Bethesda, MD 20817

(Address of Principal Executive Offices)

Registrant's telephone number, including area code: (301) 564-3200

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class			Trading Symbol			Name of Each Exchange on Which Registered
Class A Common Stock, par value $0.10 per share			LEU			NYSE

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging Growth Company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

Item 8.01 Other Events

On January 23, 2026, Centrus Energy Corp. issued a press release announcing that it plans an expansion of its Technology & Manufacturing Center in Oak Ridge, Tennessee, transitioning the facility to a high-rate manufacturing plant. The company plans to create over 400 new, direct jobs and invest more than $560 million in Anderson County, Tennessee, over the next several years.

A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits.

Exhibit No.			Description
99.1			Press Release dated January 23, 2026
104			Cover Page Interactive Data File (embedded within the Inline XBRL Document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Centrus Energy Corp.

Date:

January 23, 2026

By:

/s/ Todd M. Tinelli

Todd M. Tinelli

Senior Vice President, Chief Financial Officer,

and Treasurer

FAQ

What did Centrus Energy Corp. (LEU) announce in this 8-K filing?

Centrus Energy Corp. announced that it plans an expansion of its Technology & Manufacturing Center in Oak Ridge, Tennessee, transitioning the facility to a high-rate manufacturing plant. This was communicated in a press release dated January 23, 2026, attached as an exhibit.

How much does Centrus Energy Corp. (LEU) plan to invest in the Tennessee expansion?

Centrus Energy Corp. plans to invest more than $560 million in Anderson County, Tennessee, over the next several years as part of the expansion of its Technology & Manufacturing Center in Oak Ridge.

How many new jobs are expected from Centrus Energy Corp.'s Tennessee project?

The company plans to create over 400 new, direct jobs in Anderson County, Tennessee, as it transitions the Oak Ridge facility into a high-rate manufacturing plant.

Where is Centrus Energy Corp. expanding its manufacturing operations?

Centrus Energy Corp. is expanding its Technology & Manufacturing Center located in Oak Ridge, Tennessee, within Anderson County, transitioning it to a high-rate manufacturing facility.

What exhibit is attached to Centrus Energy Corp.'s 8-K related to this expansion?

The filing includes Exhibit 99.1, which is a press release dated January 23, 2026, describing the planned expansion, and Exhibit 104, the cover page interactive data file embedded within the Inline XBRL document.

Who signed the Centrus Energy Corp. (LEU) 8-K for the Tennessee expansion?

The 8-K was signed on behalf of Centrus Energy Corp. by Todd M. Tinelli, who serves as Senior Vice President, Chief Financial Officer, and Treasurer.