March 04, 2015 7:13 AM ET

Electrical Equipment

Company Overview of GE-Hitachi Nuclear Energy, Inc.

Company Overview

GE-Hitachi Nuclear Energy, Inc. provides reactors and nuclear services to the nuclear power industry. The company provides steam turbines, refurbished parts, and plant performance software; and instrumentation, such as in-core and ex-core sensors, gamma thermometers, probes, and radiation monitors. It also provides services to the operators of boiling water rector nuclear power plants to enhance reactor performance and power output. The company was founded in 2007 and is based in Wilmington, North Carolina. GE-Hitachi Nuclear Energy, Inc. operates as a subsidiary of General Electric Company.

3901 Castle Hayne Road

Wilmington, NC 28402

United States

Founded in 2007

Phone:

910-819-3900

Fax:

910-362-3900

Key Executives for GE-Hitachi Nuclear Energy, Inc.

Chief Executive Officer and President
Age: 51
Nuclear Marketing Communications Manager
Marketing Manager
Age: 67
Compensation as of Fiscal Year 2014.

GE-Hitachi Nuclear Energy, Inc. Key Developments

GE Hitachi to Provide 40 GEH Ultra Control Rod Blades to KKL

GE Hitachi Nuclear Energy has received a contract from Kernkraftwerk Leibstadt AG to provide 40 GEH Ultra Control Rod Blades. The blades will be installed in the Leibstadt nuclear power plant in Leibstadt, Switzerland during the summer of 2015.

GE Hitachi Nuclear Energy Receives Control Rod Blade Order for Swiss Plant

GE Hitachi Nuclear Energy (GEH) announced that it is working to fulfill an order from Kernkraftwerk Leibstadt AG (KKL) for more than 40 GEH Ultra Control Rod Blades. The blades will be installed in the Leibstadt Nuclear Power Plant in Leibstadt, Switzerland during the summer of 2015. Control rod blades are long, cruciform metal-tube components that contain neutron-absorbing material and are positioned adjacent to nuclear fuel assemblies within the reactor core. Operators remotely adjust the position of these blades to manage core reactivity levels. GEH designs and builds its control rod blade product line using advanced materials and manufacturing processes at its headquarters site in Wilmington, N.C. The Ultra is the next iteration of GEH's tube-within-a-tube control rod blade design and offers enhanced performance, reliability and flexibility.

GE Hitachi Nuclear Energy Receives $300 Million in Outage Services and Fuel Contracts by Exelon Generation

Exelon Generation has awarded an integrated outage contract to GE Hitachi Nuclear Energy (GEH) for the utility's entire fleet of boiling water reactor (BWR) nuclear energy facilities. In addition, the agreement extends a nuclear fuel services contract for six Exelon reactors. The total value of the contracts is nearly $300 million. Under the outage services agreement, which runs through the completion of the spring 2018 outage season, GEH will provide a full portfolio of outage and inspection services to Exelon's fleet of 14 BWR plants throughout the Mid-Atlantic, Midwest and Northeast. The agreement also includes assisting with refuel floor activities and performing under-vessel and inspection services for Exelon's BWRs, which combined have the capacity to power approximately 14 million homes with clean, carbon-free electricity.

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