# Framatome to expand Lynchburg facility with $49.4M investment

Framatome will invest $49.4 million to expand and modernize its facilities in Lynchburg, Virginia, creating 515 new jobs. The expansion aims to meet increased demand for servicing nuclear power plants and developing advanced reactor solutions.

- Type: Expansion
- Announced: 2023-12-14
- Where: Lynchburg, Virginia, United States
- Value: $49.4M
- Jobs: 515
- Status: announced
- Products: nuclear power plant services, small modular reactors
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Framatome](https://endata.com/companies/3370.md)

## Sources

- [augustafreepress.com](https://augustafreepress.com/news/nuclear-energy-company-to-expand-lynchburg-facility-invest-49-4m-create-515-new-jobs/), 2023-12-14: "Now, we’re strengthening our commitment to our home and our shared goal of safe, reliable, low carbon power generation."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.